11:20am (EST)

Folks, I screwed up.  This morning I listed the WRONG put options on Abercrombie & Fitch (ANF, $34.30, up $1.34).  I gave the wrong symbol for the September 32.50 puts.  In fact, there aren’t any September 32.50 puts.  The August 32.50 puts (ANFTZ, $0.45, down $0.70) wasn’t the trade…I thought I had listed the September put options.  The September 32 puts (ANFUJ, $1.25, down $0.60) should be the put options you target.  If you got into the August options, you can see how they do for the day but it would be tough to hold them over the weekend with time decay rapidly approaching.

Rick@MomentumOptionsTrading.com