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Olin Corp. Message Board

  • Robear_77 Robear_77 Mar 25, 2011 2:19 PM Flag

    Anyone want to pick up a few options?

    I have 10 OLN Jan 21 $12.50 calls that I’m selling for $9 because I need to shift a few dollars around.

    If no one wants them at that price then I’ll just exercise and sell the shares when I’m ready.

    If you are looking at investing in OLN then this is an inexpensive way to build a position at less than half the current price. The downside is you can’t collect dividends unless you exercise the shares. The plus side is you can exercise the shares at any time; if you decide to do that then I recommend a few days before the next ex dividend date that way you get to receive the dividend.

    Best regards,


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