nysestocks
Guest
Follow at own risk, of course, bla bla bla, you will lose :eek:
For no specific "reason" let us sell some puts for ANF.
8 down + 3.5 in to 56
We will sell 10 contracts as follows:
Sell 10 x $19.00 May16 Puts for $0.56
http://moneycentral.msn.com/investor/options/default.asp?Symbol=ANF
Premium received = 10 x 100 x 0.56 = $560 less comms
Lets see what happens before we try and lose some more:eek:
We have a few "options" open to us if this thing keeps falling
If it is wrong, it is wrong, but we can only go on what we see, and sometimes it is too good to be true, and sometimes it is not
For those of you who were quick enough, you will now see that it is gone - told you so, too good to be true, remember
Still valid though, all that can happen is we lose a few bob
IT'S BACK - I will capture it this time
JEEZ, IT'S GONE AGAIN - but I have captured that also
