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Old 11-06-2007, 06:10 PM
KurtSF KurtSF is offline
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Join Date: Jul 2006
Posts: 3,983
Default Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint

[censored] you people are noobs.

Sell the stock to the cult member.
Buy one call option contract at $20 for a months or two out.
Deduct the loss on your taxes.

* $3800 cash money in your pocket for hookers and blow
* the ability to get the stock back at $20 in case there is sudden upward movement in the price so you can't get screwed by the timing of your sale
* another $2k in savings on your tax bill
* no downside
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