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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Real Man who wrote (353021)1/10/2008 12:11:50 PM
From: oldirtybastard  Read Replies (1) of 436258
 
A call option on banks with no pre-set expiration
date, which will expire worthless

If you take out the words "on banks", couldn't you say that about a majority of US listed equities, they just have a way further out expiration than this particular option -g-
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