MIMM Letter
Saturday, November 07, 2009
Short Term Short BAC
Shorting opportunity for BAC. Risk to 15.75. Nov 15 puts can be bought for $0.40 or less. Target $13. Potential risk/reward @ 15.15 is 0.60/2.15=0.28 or > 3.5 times the reward for the defined risk.
posted by Matt Butler at
9:59 PM
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