Swift Energy (SFY) Message Board

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Gold/Mining/Energy : Swift Energy (SFY)

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To: TRUE_TRUTH who wrote (1134)	9/2/2000 4:44:35 PM
From: arkay	Read Replies (1) of 1602

Thanks true truth. I think at let's say $3 for the OCT 30 calls, if the NZ news comes in favorable, The stock runs to $45 and I sell my calls for a quick 5 times what I paid! If the news is bad, the stock probably drops back to 26 for a while, and losing my $3 premium is a wash and I'll buy the stock for 26+$3 net the same as now. If for some reason the stock really drops, I'm better off with the calls. Looks like win-win. I may try to buy some on Tuesday if it is not too late.

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