william the wie
Gold Member
- Nov 18, 2009
- 16,667
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When trying to find a decent Oct call for my 2000 shares of SDRL I found that there weren't any. I looked again and saw that if I sold my shares and sold puts instead I would make $1,200 before commissions no matter what happened to the price. Since SDRL is selling at well below book my probable revenue is even higher. Thank you counter-party.
