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eik

10/13/09 7:42 PM

#690 RE: Montanore #689

Yes, $4 seems impossible in 3 days. My bet for this week is "somewhere between 4 and 5" on Friday's close. I have sold October 4-puts and 5-calls and expect all of them expire worthless, a-la October dividend to my HL position. If HL is below 4 (very unlikely) this will automatically add shares to my position, if it's above 5... well, I would need to buy calls back or roll them over to November.