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January 22, 2009
On Your Mind
Snider Advisors makes no representation that the information and opinions expressed are accurate, complete or current. The opinions expressed should not be construed as financial, legal, tax, or other advice and are provided for informational purposes only.
January 14, 2009
Test Your Knowledge 1.14.09
You own 1600 shares of ORBA stock. This includes 400 shares each at the following prices:
$74.56
$70.00
$69.61
$44.15
On Trade Day, the stock is trading at $39.89. The option chain is below.
|
CALLS |
|
|
Bid |
Strike |
|
3.15 |
40.00 |
|
1.40 |
45.00 |
|
0.80 |
50.00 |
|
0.10 |
55.00 |
|
.00 |
60.00 |
The opinions expressed should not be construed as financial, legal, tax or other advice and are provided for informational purposes only. All investments involve risk including possible loss of principal. Investment objectives, risks and other information are contained in the Snider Investment Method Owner's Manual; read and consider them carefully before investing. More information can be found on our website or by calling 1-888-6SNIDER. Past performance is not indicative of future results.
