Stock / Symbol: Caterpillar / CAT
Price at trade post: $116.10
Option Strategy: [private_monthly]calendar put spread[/private_monthly]
Update:[private_monthly] For those of you who entered a calendar call spread on CAT, that trade is fine too and does not need to be replaced with the put calendar. All future updates on this trade will also include instructions on how to adjust or close out the call calendar. [/private_monthly]
Trade Details[private_monthly] for the Calendar Put Spread :
BTO 2 CAT Apr12 115 puts
STO -2 CAT Mar12 115 puts
for a net debit of $2.20 per contract (day order, limit order)
[/private_monthly]
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