Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly]
Price at trade entry: $535.25
Option Strategy: put spread
Update: We had to up our bid to $6.85 in order to get filled. We were filled at 12:14.59PM (EST).
Suggested Stop: at or above $562
Position Details:[private_monthly]
Long 1 PCLN Oct11 520 Put
Short -1 PCLN Oct11 500 Put
for a net debit of $6.85 per contract
[/private_monthly]
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