[Order not filled/Put Calendar Spread on AZN/Order not filled]
Dear Member,
My order to open a Put Calendar Spread on Astrazeneca (AZN) to sell the Sept 45 Puts (AZNUI) and buy the Jan 45 Puts (AZNMI) was not hit and therefore not filled today.
As I mentioned in the Weekend Summary, I am carefully looking for volatility trades this week. Today, the market moved in a bearish direction as I cautioned it might in the Weekend Summary. I still expect relatively light trading until after Labor Day.
DISCLOSURE: At the time of publication, I have no position in the referenced options or the underlying stock.
Sincerely,
Bill Kraft
CutLoss, Inc.
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