Wow. What a steal!! Unless this goes broke, don't see how I can lose. I wrote 50 Jan 10 Puts obligating me to buy below 2.50I collected 1.75 X 50 or $8,500 today. If HL is above 2.50 in Jan 10, I keep the premium. Otherwise, I buy at 2.50 a share or $12,500-In order to lose money HL will need to be below 80 cents a share!!
Omg , i am such a newbie , sounds great ,...yikes..gl2u