they were the july 2011 issue
What is the logic behind this trade?
The trade lokks to have brought in 35 cents. The seller puts $1.65 at risk and gets interest on $2 for the duration. The stock even if it gets hit will not go to zero by July.So 165000 becomes 200000 in 7 months as long as the stock stays above $2... No loss if the stock stays above $1.6535 cents on $165 for 7 months is an annualized return og over 36%