T TM1982 May 20, 2009 #3 Quote from RobtF: I like the idea. But I'm in the ETF. More... The Dec 27 Calls are .85 - .95. If you get those for .9, breakeven is 27.9. I think its more than likely that UDN will be trading at that level by Dec expiration.
Quote from RobtF: I like the idea. But I'm in the ETF. More... The Dec 27 Calls are .85 - .95. If you get those for .9, breakeven is 27.9. I think its more than likely that UDN will be trading at that level by Dec expiration.