i bought the jan 35 dollar calls. I have found that buying calls that are below the stock price are in the long run cheaper. I pd $1.85 last week for them. The problem i find with buying calls that are out of the money is that if the stock doesn't move you lose it all. LINE tends to move fast once it starts and now that the tax rate on dividends is looking to be closer to 20% than 40 i expect some upside. GL and please don't forget that it's only money and there are people who have loss so much more this year. Mike
LINE usually pops a week or two prior to the dist. announcement. Plus there's the fiscal-cliff resolution that'll be an energetic stock mover. If these two work out, I think you have a decent shot at doubling your money. But you may have to wait for the end of the options expiration week unless a sell opportunity presents itself earlier. Meanwhile, today's trading looked good with buyers steadily entering the fray. I wouldn't be surprised to see a no-news pop before year's end simply in hopeful anticipation of a good January for LINE. We'll see.