Conservative Play on YHOO

Discussion in 'Stocks' started by hajimow, Oct 17, 2011.

  1. hajimow


    YHOO will come up with the numbers tomorrow. I believe the conservative play would be to sell November 14 PUT for about 0.5. You will be safe up to $13.5 and most probably YHOO will be bid by a buyer at much higher than $20. Commission needed to do one contract is $250 so the profit is 25% in a little over a month.