First off, I was not trying to berate anyone, just suggesting that these are 2 long positions, as Mr. Atticus has pointed out. Secondly, if it came across that way, I'm apologize. If one of the traders in my group that I do research for was unclear on a concept, then I would certainly suggest that he get a liitle help on the trade. I quoted the wrong post, sorry.Meant to quote Mr. deviltrader. c
all strategies carry risk. short calls when the underlying company is to be acquired at 50% premium from the previous day...boom.