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Pfizer Inc. Message Board

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  • mcmillanryan1981 mcmillanryan1981 Nov 25, 2012 10:34 PM Flag

    Fiscal Cliff

    I honestly don't think they will work together to accomplish anything worthwhile. There may be some last minute agreement to avoid a disaster. However, it will only be another temporary bandaid. The market is due for another decline.

    I plan to close most of my positions and buy both calls and puts at the same price level (Ex...PFE30 Call @ .10 and PFE25 Put @ .10). As long as the price exceeds .20, I can profit in either direction. It's not an extremely profitable strategy. But I would be covered in the event the market took an extreme turn in either direction.

    Anyone one else have a different strategy or different idea?

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