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Re: None

Tuesday, 12/16/2008 6:04:43 PM

Tuesday, December 16, 2008 6:04:43 PM

Post# of 189
FAS Covered Call

Inspired by another poster on a different forum.

FAS @ 26.09
Jan 09 $30 @ $4.80

BE = $21.29 or 18% Downside Protection
22% return if static, 265% annualized.
40.9% return if called, 481% annualized.

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