4/24/08
placed 3 butterflys on Bidu for earnings lottery ticket.
placed one ATM and the other two butterflys at the expected price move up/down.
total debit: 1.75
4/25/08
earnings came out and price is at my B/E point for the ATM buterfly (mark 358)
b/c the butterfly is flat vega my position wasn't subject to the deflating of IV's.
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