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Old 11-17-2006, 09:42 PM
jdoe jdoe is offline
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Join Date: Sep 2002
Location: MI
Posts: 206
Default another option idea PLEASE POKE HOLES IN MY PLAN

Lets say i buy 700 shares of NFLD and write 7 dec $15 calls at $1.70

at the same time i short 700 shares of NFLD (maybe on another site?)

if my NFLD gets called I cover my short, if the price of NFLD hits 16.70 I cover my short.

What could go wrong?
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