FNM and FRE

Discussion in 'Options' started by Vinny1, Nov 6, 2009.

  1. I'd like to get some opinions on writing puts on FNM and FRE. I see that today the FNM $1 strike March 2010 puts closed at .25 and the FRE $1 strike April 2010 puts closed at .30.

    A 25-30% return for 4-5 months work seems great, but do you guys think that they will both go below $1/share by April?