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May 13, 2009
Test Your Knowledge
You own 200 shares of JGA at the following prices: $34.28, $30.00, $27.92. It’s Trade Day and JGA is trading at $25.75. You buy your shares and Bundle like a pro. You start to zoom right through your recordkeeping, but when you get to your Band Rule worksheet, you’re stumped. The strike prices on the option chain are in $1 increments:

Your current Band Rule Worksheet looks like this:


Your current Band Rule Worksheet looks like this:

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.