Wednesday, December 30, 2009

RE: [ConservativeOptionStrategies] pfe

 

Hi John,

 

I assume that these were the January 2011 leaps. Are you planning to write shorter term calls against these leaps, or was the purchase to be held in the expectation that the stock price will rise?

 

Dan (dan2fl)

 

 

From: ConservativeOptionStrategies@yahoogroups.com [mailto:ConservativeOptionStrategies@yahoogroups.com] On Behalf Of John Hudgens
Sent: Wednesday, December 30, 2009 10:47 AM
To: ConservativeOptionStrategies@yahoogroups.com
Subject: [ConservativeOptionStrategies] pfe

 




I just hopped into PFE.  I do not think it will go up in the near term but has suport at $18.19

Its at $18.58,  the Jan 17.50 are going for $2.37 /2.40 and the jan 20 are going for 1.24/1.27. 

 

John





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