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Elan Corporation, plc Message Board

  • mardermj mardermj Mar 11, 2005 2:16 PM Flag

    How many

    bought at $7.48, bought and sold covered calls and made twelve cents, bringing the buy of the long position to $7.36: then sold an October $7.5 call for $2.05 cents, now worth two dollars, for a potential profit of $2.05/$1.70 or in excess of double your money by mid October?

 

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