Option Trading Articles: RE: [ConservativeOptionStrategies] Hit a great one yesterday --RIG

if exercised on the one I found, you owe 69 shares and $3400+

--- On Thu, 12/10/09, Dan <delta1@cfl.rr.com> wrote:

From: Dan <delta1@cfl.rr.com>
Subject: RE: [ConservativeOptionStrategies] Hit a great one yesterday --RIG
To: ConservativeOptionStrategies@yahoogroups.com
Date: Thursday, December 10, 2009, 4:45 AM

Hi John,

Perhaps you can help. I went to Yahoo and looked up the symbols for a January 2010 call on Transocean (RIG).

I found the following symbols and prices.

RIGAP $3.72
YHOAP $0.09
YOBAP $9.65
Do you know what causes the great difference in prices between the three options, all supposedly call options with an $80 strike price all on the same company?

Dan (dan2fl)

From: ConservativeOptionS trategies@ yahoogroups. com [mailto:Conservativ eOptionStrategie s@yahoogroups. com] On Behalf Of John Hudgens
Sent: Wednesday, December 09, 2009 10:09 AM
To: ConservativeOptionS trategies@ yahoogroups. com
Subject: [ConservativeOption Strategies] Hit a great one yesterday --RIG

Had to brag -- but only of the blog -- Transocean is a great company

BTO VOIAM RIG Jan 11 65 @ $21.40

STO YOBAP RIG Jan 10 80 @ $9.50

for a 39 day yield

if it works, may be my best ever 44.2% in 39 days

John