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Webster Financial Corp. Message Board

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  • cololamahahual cololamahahual Jan 13, 2011 8:49 AM Flag

    Just a thought

    Good idea but why not sell some WBS and buy calls on C . Jan 12 $5 strike @ .75.. More leverage this way.

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    • I'm long this too but I think the advice above is good, sell some shares ( take your gain ) but hold some and sell calls off of them, Remember one thing about WBS the CEO holds a million plus shares ( and prob alot more in different accounts) plus his wife and kids prob have a ton of them, so He'll do what's best for himself, which is pay a dividend and then, sell this for $30+ a year or two from now!!! In the immediate there's prob some good trades out there, like lance said, I've been buying C got in sub 5 and hoping it goes up to 5.50!!! and of course more!!! so GLTA hope we all make $$$$$$$$$$

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