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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (187)4/15/2007 3:20:47 PM
From: Jerome  Read Replies (2) | Respond to of 5891
 
DNDR... is a great play, but comes with more than moderate risk. On a little bit of poor news it could also sink to 7 or 8. Its a speculative play.

That said ...I hope it works out for You. Keep us posted.



To: im a survivor who wrote (187)4/15/2007 6:11:53 PM
From: Bridge Player  Read Replies (1) | Respond to of 5891
 
I do not own the stock as of today Sunday 4/15 but after some additional reading this weekend (DNDN has been discussed on several other SI boards) the chances are pretty good that I will close the short call soon and keep the short put open, possibly adding additional puts as well.