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Whosetosay

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Whosetosay

Re: JJM760 post# 722

Thursday, 07/01/2010 1:38:57 PM

Thursday, July 01, 2010 1:38:57 PM

Post# of 80490
Agreed, they are all good. The traders out there (I am not currently in trading mode) should be looking at selling the covered calls.

Buy stock @$2.70, sell Jan 11 $3 @.70/.65, if the stock goes to $3 or more, you make 33%, 66% annualized. Protection to $2.

Is the stock worth $2 even if SUCCEED doesn't? Yes. COH at y/e is .50 a share, 534, 113, othe rida indications, etc.
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