3309 Drysdale Ct
Edwardsville, IL 62025
For those who think the government will take them over before August 15
Buy FNM AUG $5 Put for $1.30
If it happens, for example, and you have ten contracts you profit $3,700, with a maximum loss of $1,300 if you are wrong.
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Puts
Banks are down almost 3%. FRE and FNM are getting clobbered. ...
Posted by lawyse on 11th of Jul 2008 at 12:44 pm
For those who think the government will take them over before August 15
Buy FNM AUG $5 Put for $1.30
If it happens, for example, and you have ten contracts you profit $3,700, with a maximum loss of $1,300 if you are wrong.