Re: My play for this week.....MO
Well dammit the options ran 400% today on the news of the ruling this week.... well, it WAS a good idea....
Now I got some MO shares and sold covered Dec 70 calls. $1.60 premium. 75%+ chance of a favorable ruling. I will take that risk. If MO tanks, I can hold, it will be appealed anyway, and can always sell new calls further out...
|