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


To: dealmakr who wrote (4969)10/10/2011 4:32:49 PM
From: Keith J  Read Replies (1) | Respond to of 5891
 
Right around the June closing low, and well out of the money at this point. Given initial IPhone 4s sales, it appears to be a conservative income play unless things really fall apart.

Jan premiums significantly higher than Dec at same strike price as well.

I've been reading up on spreads, but haven't tried yet.

KJ