% | $
Quotes you view appear here for quick access.

BB&T Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • crystal.mcwilliams crystal.mcwilliams Jan 27, 2011 3:22 PM Flag

    Advice on buying calls

    Good points.

    I agree the strategy I described is aggressive (with a large downside risk). However, given that the put call spread generates $7,000 in cash, BBT would have to drop down to around $22/share by Jan 12 before the trader would be in the red. The odds are that the price will not reach either $22/share or $35/share by Jan 12, thus I like this trade to simply buying call options. Just depends on how strong your stomach is.

38.490.00(0.00%)3:27 PMEST