Friday, May 7, 2010

[ConservativeOptionStrategies] DRYS

 

BTO 50 May $4.00 Calls @ $1.37

STO 50 May $5.00 Calls @ $0.53

Cost per is $0.84

If assigned, I make $0.16 per – 19% ROI

Otherwise, I sell June Calls.

Stock currently $5.21   J

 

 

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