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Re: Makamai post# 771

Tuesday, 06/30/2009 10:01:42 AM

Tuesday, June 30, 2009 10:01:42 AM

Post# of 4476
The great thing about that play is that the PUTS don't expire until Jan 2011. We have a year and a half for CQB to get and over $10 and then stay there. Everyone is calling for recovery so it seems to be a low risk play, IMO.


Another note: I just purchased FCX $60/CALLS @ $1.85 for August. I am working on a chart as we speak.


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