[at-l] Ford

[Tom McGinnis]

--- On Mon, 4/13/09, rcli4 at comcast.net <rcli4 at comcast.net> wrote:

> Ford at $4.26 today,  I'm gettin there.
> Clyde

### Your gamble is paying off, Clyde! Sheesh! Like a freakin' lottery ticket! Now see, if you'd gone the options route, you'd be looking being called out of your April $3.00 contracts (4 of 'em) and pocketing the $3-1.8 purchase profit, plus the option premium itself (wuz it 25¢), for a rough, $1.45 total. But instead, you went the long odds route, and are looking at $4.27- $1.80 = $2.47 -- a hefty payoff for the risk you took.

Now, should you decide you reduce that risk some, May $5 calls are running 22¢, and similar Junes are running 46¢ ☼►◄↕‼♪♫♀♀♫♂◙♂