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Taxmantoo

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Taxmantoo

Re: JimQuinceH post# 12

Tuesday, 02/26/2008 1:20:52 PM

Tuesday, February 26, 2008 1:20:52 PM

Post# of 261
What's wrong with this picture?
Short DNDN 5.46 bid.
Buy Jan 5 call 2.55 ask.
Sell Jan 5 put 2.53 bid.
Profit 0.44 less commissions and interest.

Unless there's something strange about the options, the puts are way overpriced.
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