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LU Calls (Updated)

 
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arthur
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PostPosted: Thu Oct 06, 2005 1:59 pm    Post subject: LU Calls (Updated) Reply with quote
The LU Nov 4 calls had no bids just before the close. Perhaps, it's best to sell the Nov 4 calls at 0.05 and buy Jan 4 calls at 0.10 (bid 0.05 and ask 0.10), to avoid a worthless expiration. Also, the Apr 4 calls are still high with the bid at 0.15 and the ask at 0.20. However, the Apr 3 calls at 0.50 (bid 0.45 and ask 0.55) may be best for a slow rally.
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