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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Veteran98 who wrote (202688)8/19/2011 10:11:17 AM
From: tyc:>  Respond to of 312968
 
Vet....Relative to your post re take-over targets.

I sell out-of-the money Short Term calls (covered) because I believe they are a bad buy especially in this market. The premium on Sept $2.50 calls seems high at .20c bid......That's over 8% for 30days..... beats dividends !



To: Veteran98 who wrote (202688)8/19/2011 7:22:49 PM
From: UPTICK  Respond to of 312968
 
THX VET...Much appreciated... as your posts of the Canaccord Morning Coffee. Good WE.