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Strategies & Market Trends : IPPs and Merchant Energy Co.s

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To: Braincramp who wrote (103)9/20/2002 12:50:48 PM
From: Braincramp  Read Replies (1) of 3358
 
This is how stupid it is. You buy Mir at 2.35 sell a call to 04 strike at 2.50, receive 1.35 for the call. this leaves you with a dollar invested in the stock. I would say that your risk level is at .0001%, your upside 150%, good odds as far as I am concerned.
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