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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Dominick who wrote (4251)	5/14/2004 3:54:54 PM
From: jhs565	Read Replies (2) of 5205

Dominick, hopefully you won't mind a "PUT question". Today at 15.45 hours RUP QQ bid and ask was .35 and .45 for 85.00 PUTS expiring today. Presently RIMM is trading at over $ 92.00. The risk is that RIMM will decrease in value by over $ 7.00 in the last 15 minutes and the reward is .40. That looks like sort of easy money to me. Your comments are appreciated. John

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