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Strategies & Market Trends : IPPs and Merchant Energy Co.s -- Ignore unavailable to you. Want to Upgrade?


To: Braincramp who wrote (103)9/20/2002 12:49:20 PM
From: Larry S.  Respond to of 3358
 
Duke's warning weighing heavily on whole sector: cbs.marketwatch.com



To: Braincramp who wrote (103)9/20/2002 12:50:48 PM
From: Braincramp  Read Replies (1) | Respond to of 3358
 
This is how stupid it is. You buy Mir at 2.35 sell a call to 04 strike at 2.50, receive 1.35 for the call. this leaves you with a dollar invested in the stock. I would say that your risk level is at .0001%, your upside 150%, good odds as far as I am concerned.