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To: Sam Citron who wrote (9362)10/11/2004 9:05:18 AM
From: Carl Worth  Read Replies (2) | Respond to of 13403
 
OT - Thanks for the info, certainly looks interesting.

It's hard to argue with the return on the March 5 puts in terms of the time premium, but of course with that return goes a fair amount of risk, so the "opportunity" is in the eye of the beholder. It's not the kind of situation that I would feel comfortable committing much capital to, so the potential rewards for me wouldn't be very high. As such, the "opportunity" would be fairly limited in my case, and I could come up with much better overall ideas, but that is just me and everyone is different.

Thanks again for the info, I might try a few puts if the stock reaches the mid to low 5's, more for the fun of it than anything. Good luck with your trades, hopefully the stock will finish at 7.40 in mid March and you will make the most possible.