Trade Update – diagonal call spread

Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly]

Option Strategy: diagonal call spread

Update: we're raising our price per contract on the new diagonal spread
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BTO 1 FCX Nov11 50 Call
STO -1 FCX Jul11 52.5 Call
for a net debit of $3.70 per contract

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