TTWO
Board Highlights
Message List Post Message Reply to
this Message

MSG # GO



Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

01/04/16 at 12:00 PM CST

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#3261,`01/04/16
By breinejm

 

Re: INFN - Feb options

OT - INFN

Jon,

I dunno - I think your break-even point on INFN (IIRC ~$17) seems like a cheap price for the company. I did not do anything, as I didn't want a premium to accrue to 2015 income. But as of today......$17.47 as we speak. Which, if one is willing to buy shares and then sell Feb. $18 covered calls, will get you down to around $16 or so break even. Or $15.50 if you're willing to sell the calls @$17. That  seems like a damn sweet deal (the company they bought that I couldn't remember was Transmode, which Fallon was pretty much pumping as a very good synergistic fit, and he's not prone to talk trash). Except that feeling that we all know ..... in a real market downturn, cheap becomes rich and one wonders WTH was I thinking, lol. But I've gotta give this serious consideration. INFN a $15 stock?

Copyright 2014 All Rights Reserved; Patent Pending