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Non-Tech : The Woodshed

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To: nspolar who wrote (17868)12/7/2004 5:45:55 PM
From: JIMAKANCHORAGE  Read Replies (3) of 60927
 
HMY OPTION PLAY... food for thot... no coke pepsi...

Short Puts - long term to get premium
Long Calls - mid term or same term

like---

Short the JAN 10 2007 put at 2.40 - 2.50?
Long the JAN 10 2007 call at $2.50 ish
quite a spread on them so you'd have to place limits.

or

Short the Jan 06 15 2006 put at 5.40
Long the Jan 06 15 call at .60..
bigger bang and collect 5 points premium... worst case you buy at 10.

I am not entering this trade... just an idea for discussion.
I think HMY is bogged down with this buyout bs. Going to take a long time for it to work out. years?
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