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nsomniyak

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nsomniyak

Re: Rawnoc post# 191147

Tuesday, 03/31/2009 12:24:24 PM

Tuesday, March 31, 2009 12:24:24 PM

Post# of 275618
TWB - nice idea. I bought a small position and am now trying to write May 2.50 calls against it...

...update--May 2.50 calls just written for .25 Did not go at .30 but .25 was taken immediately.

Not bad - gives me "protection" down to around 1.85 and a very nice return if they should happen to be called in a little over a month and a half...
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