Citigroup call leaps vs long stock?

Discussion in 'Options' started by turkeyneck, Dec 5, 2010.

  1. tsaw

    tsaw

  2. i have 200x 2012 5C, looking to add some more to get a $10k position.

    It's part of my 401k account :)

    I like citi a lot, it went from one of the worst managed banks to a new kid on the block with a lot of potential. With all the good talents that flocked to them over the last 2 years and the government finishing up the stock sales early next year, i think it's a good bet considering the option premiums are relatively cheap on it.
     
  3. Do you think the stock will be pumped up before gov sale ?
     
  4. The sale has already begun...
     
  5. The first sentence in the link says it all -

    CHEAP STOCKS AND LEVERAGE are a great combination for making money, or a recipe for a financial bomb