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Re: sylvester80 post# 304

Wednesday, 12/23/2009 6:20:13 PM

Wednesday, December 23, 2009 6:20:13 PM

Post# of 366
I sold 20 Jan 15.00 naked puts the other day for 1.25/contract. If STEC stays in this range by Jan expiration then they will expire worthless for 2500.00 gain. Pretty good risk/reward if you are willing to buy the stock at 13.75.
gl,
lm2k3