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Toofuzzy

07/11/13 12:43 PM

#23136 RE: hashimu88 #23133

Sell a 25 or 30 PUT to pay for a 30 call same month (Jan 14)

You do need the cash to actually buy it or own enough other securities to margin if needed.

Buying the $40 Call is just gambling. At least sell a $20 PUT to pay for it. Again nee the cash to buy just in case.


Toofuzzy