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Leslie HarvathLeslie Harvath
Participant
Post count: 347

Excellent, thank you! Yes, that was my feeling also. Yup, we focused on setting her position & tranche amounts last night. [By using IBM & FXB (the two most expensive positions) was one of the ways I suggested she look at it to get at least 1 share since she has a limited budget, eg IBM $130+110+100 = $340 for the position; /3 = $113.33/tranche. Though her first tranche will consume more than 1/3, she’ll balance out by her first ave down.]