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

James River Coal ┼×irketi Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • clevelandbubba65 clevelandbubba65 Mar 30, 2012 11:20 AM Flag

    Its called trading the range

    Sold Sep 4's and Jan 3's. Both trading in .70 to .80 range. My margin requirement is 15%. Both returns well in excess of 100%. Annualized closer to 200%. Will they expire worthless? Who knows? Also hedged by selling some April 5 calls for 1.25 and 6's for .50. Hoping for decent gain there.