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Strategies & Market Trends : Calls and Puts for Income

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To: dealmakr who wrote (5265)7/21/2012 9:26:34 PM
From: Robohogs  Read Replies (1) of 5891
 
I saw the XRX news - sorry Deal. It reminds me abit of my IDCC trade. Profitable company but folks worry longer term. IDCC is different not being an operating company but has $15-16 of cash pro forma - going down with $28 stock buy-ins though. I am short what are ATM puts and considering buying them in and selling lower strikes nearer cash.

Jon
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