2-25 March S&P- Buy the Dip! We see the last few days, although blamed on the Middle East unrest as an excuse for the market to digest some of its recent rally, now that it appears to be over we are buying the S&P using either emini's or full size options.  Buy the March 1330/1360 call spread and sell the March 1265 put as a naked leg.  The spread is being offered at 1.40 or $350 for the full size contract.  The trade has unlimited risk under 1265 with 7500 as the profit potential before commission consideration.  For the mini's the cost is $70 with profit potential of $1500...the risk under the naked leg is as always, unlimited so be nimble.  Call us for questions!

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_{FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON THE UNDERLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY, OR OUT-OF-THE-MONEY OPTION. FURTHERMORE, THE PURCHASER WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION'S STRIKE PRICE COMPARES TO THE UNDERLYING FUTURE'S PRICE. THE FUTURES CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES MOVE IN TANDEM WITH FUTURES PRICES. IN FACT, OPTION PRICES MAY ONLY MOVE A FRACTION OF THE PRICE MOVE IN THE UNDERLYING FUTURES. IN SOME CASES, THE OPTION MAY NOT MOVE AT ALL OR EVEN MOVE IN THE OPPOSITE DIRECTION OF THE UNDERLYING FUTURES CONTRACT.}