Comments on: Interesting covered call on AIG – 150 percent return http://www.geldpress.com/2008/09/interesting-covered-call-on-aig-150-percent-return/ Finance, Stock Options, Politics, Economics, Stock Market News, and Technology. Sat, 26 Nov 2011 11:21:27 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: marketman http://www.geldpress.com/2008/09/interesting-covered-call-on-aig-150-percent-return/comment-page-1/#comment-118 marketman Wed, 17 Sep 2008 18:12:55 +0000 http://www.geldpress.com/?p=119#comment-118 No, it means that at YESTERDAY'S CLOSE, the BID price for the October 2.50 strike was going for $2.75. This was when AIG was significantly higher, at 3.75. Today the 2.50 strike October's are going for only $.65. Certainly no where near as good of a deal as selling those strikes yesterday, but it is still an interesting gamble on whether AIG will collapse completely or survive and at least stay near or above $2.50. No, it means that at YESTERDAY’S CLOSE, the BID price for the October 2.50 strike was going for $2.75. This was when AIG was significantly higher, at 3.75. Today the 2.50 strike October’s are going for only $.65. Certainly no where near as good of a deal as selling those strikes yesterday, but it is still an interesting gamble on whether AIG will collapse completely or survive and at least stay near or above $2.50.

]]> By: doofus http://www.geldpress.com/2008/09/interesting-covered-call-on-aig-150-percent-return/comment-page-1/#comment-117 doofus Wed, 17 Sep 2008 13:42:45 +0000 http://www.geldpress.com/?p=119#comment-117 So this means that some wannabe would pay you $275 for the right to purchase 100 shares for $250? Did you get a buyer? So this means that some wannabe would pay you $275 for the right to purchase 100 shares for $250?
Did you get a buyer?

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