BOUGHT +2 ABB 100 DEC 08 10 CALL @1.55

[caption id="attachment_705" align="aligncenter" width="500" caption="ABB Ltd."][ABB Ltd.][][/caption] Wow, ABB share price is at \$10.44. I am adding to my ABB short puts from this morning and bought some Dec 10 calls for \$1.55. This is a steal! My analysis from the previous entry still stands. Max pain for Dec of ABB is at \$20... At effective price of \$11.55 for my shares, the risk/reward potential is ... huge!

[ABB Ltd.]: http://traderpau.files.wordpress.com/2008/11/2008-11-12-abb1.png