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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (8740)	12/19/2006 5:42:16 PM
From: CapitalistHogg™	Read Replies (1) \| Respond to of 24758

NFLD releases Top Line results. Stock plummets 60+% AH's. phx.corporate-ir.net Now that the event has gone off I can really follow that NFLD reversal through to the end. Will it make the .45-.47 cents on expiry? I still think so... 100,000 shares Short stock @ 17.00 1000 contracts Long 12.50 Jan Calls @ 7.10 1000 contracts Short 12.50 Jan puts @ 2.95 I would take this kind trade any day of the week if I could get it executed. Unfortunately, shares of NFLD were unavailable to borrow so I tried working around it with two synthetics (long/short stock, short/long stock) on different months and that didn't work. For now I'm stumped as to how to get around synthetically or finding shares to borrow for the next time this event based metric/arb shows itself.