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Strategies & Market Trends : Calls and Puts for Income

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To: dealmakr who wrote (4662)10/16/2010 9:34:49 PM
From: amoezzi  Read Replies (1) of 5891
 
Did you watch CNBC's Option Action.
Recommended:

Short Put 290 +5.20
Long Call 320 -12.80
Short Call 340 +6.60
-------------------------
Total -1.00

Potentially you make $20 with the risk of owning the stock at 291.
Comments please.
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