Thursday, May 6, 2010

[ConservativeOptionStrategies] C

 

BTO 50 May $3 Calls @ $1.12

STO 50 May $4 Calls @ $0.23

C currently $4.09

If assigned, I’ll make around $0.11 per, on a $0.89 cost – 11%.

If not, I may buy and do a June CC

I like Call spreads and consider this one fairly safe.  Jack/John

 

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