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Re: JWMGT90 post# 44145

Wednesday, 02/14/2007 8:59:13 AM

Wednesday, February 14, 2007 8:59:13 AM

Post# of 68116
Why in the world you are buying in the money call if you are short????????????????????????????
If you do not know direction but you know magnitude of move possible in either direction you are better of buying both put and call.
Stock @ 90 your loss is 325 + Commission.
Stock @50 Your gain is 1675 + Commission..
JMHOP.

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

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