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To: mathwhizz

GREAT news! Hugely bullish! $4 bank needs gov’t bailout in order to prevent implosion. Everybody in!


18 posted on 11/23/2008 9:08:35 PM PST by Attention Surplus Disorder (Our government is an edifice of artifice.)
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To: Attention Surplus Disorder
BTW, the Citi Dec 5 call option, expiring 12/19, closed at 0.90 bid Friday. Do the math. Citi @ 3.77...a straight buy-write yields about 20% **EX** commission in 29 days.

Now that you know C isn't going belly-up, what's not to like?

54 posted on 11/23/2008 10:05:25 PM PST by SAJ
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