I believe now is the time for us to leg in to the next part of our condor spread. We have already bought the January 2014 570 Puts and we’ve sold the February 525 Puts. This completed the first half of the Condor, which is a Diagonal Calendar Put Spread. Right now we are going to buy the Leap calls and wait for the stock to rally before selling front month calls against the leap to complete the condor.
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