Calls and Puts for Income Message Board

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Strategies & Market Trends : Calls and Puts for Income

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To: Keith J who wrote (5598)	12/4/2012 4:53:03 AM
From: dealmakr	of 5891

Hi Keith, I have a few Dec 2 Puts that I hope will bingo on ZNGA and will probably open a new round of Mar 2 puts. Another company that has crashed and burned, but has about 1.6b in cash, so it will be around for a while anyway. Company put in a $200mm buyback in October, but like many others in the tech sector keeps shoveling out the RSU's and stock options like they were giving away candy at Halloween, so dilution still a big problem. Thanks for posting about this as a decent risk/reward profile for short term IMHO. Good trading dealmakr

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