tag:blogger.com,1999:blog-2754067688266024219.post1158366655505261020..comments2023-10-26T09:19:13.653+02:00Comments on sivsSanser : jule minnersivsSanserhttp://www.blogger.com/profile/06335398674717955334noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2754067688266024219.post-40197496747856535572014-04-09T08:20:14.646+02:002014-04-09T08:20:14.646+02:00The only option position we have to review in May ...The only option position we have to review in May is Freeport <a href="http://www.strgraduates.co.uk" rel="nofollow">replica handbags</a> McMoRan Copper and Gold Inc. (FCX). I am recommending that we roll FCX May $40 put for $7.50 and sell the FCX Aug $40 put for $8.20. Recall that we entered the first position at $38.38. The FCX May $40 call will expire Friday allowing us to recognize a profit of <a href="http://www.cowan-group.co.uk/" rel="nofollow">replica wathces</a> $1.42. The FCX $40 put was originally sold for $2.91. In a less volatile market I wouldn't be opposed to accepting delivery of the FCX shares based on the forward P/E of 6.23, $4 Billion in levered free cash flow, and anticipated yield of 3.5%. Rolling the option to August keeps cash free to take advantage of opportunities we may spot in other stocks and potentially earn an extra $0.70 if our original premise plays out.gucci replicahttp://www.fountainheadpress.com/send.htmlnoreply@blogger.com