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Pennsylvania Real Estate Investment Trust Message Board

  • ilirian97 ilirian97 Feb 24, 2010 10:47 AM Flag

    Repeat: How to make $1,100+ in PEI

    regardles which way the stock goes up or down. The earnings and refinancing coming up for PEI should cause a major move in share price so if you:

    Short 400 shares & go long 10 March $10 call options , Currently the March $10
    calls are at 0.40 which would cost you $400 minus any broker fee's.

    So lets do scenerios:

    Stock soars on Thursday to $12/shr:

    You make $2000 on calls & lose $830 in short = subtotal $1170 profit

    But if Stock crashes to $6

    You make $1540 on short & lose $400 in calls = subtotal $1140 profit

    Gotta love the plays like PEI with basically no premium in calls which allow you to be able to do this!!!

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20.95+0.55(+2.70%)Jun 28 4:02 PMEDT