Props to Brian again...
So, you want a guaranteed return without volatility?
HTX... It must be bought before November 25th. Technically you have until Monday. But my guess is that this stock will actually get higher and the market might have a massive bounce next week.
If you dont already know, they are dishing out... GET THIS... $13.55(U.S.) per share!!!
And just to protect this position further I bought a few puts with the strike at the 52 wk low a few days ago. That way if (or when) this stock tanks (after the payout), i got my insurance built in (and possibly a profit as well).
Here is the catch... you must hold it into Dec 2/3 for the payout. And the thing is, we have ALOT of eco news next week that can give Bears mo'money (imagine the Dow <7000). So, its choosing between a sure thing with a nice payout OR 'potentially' quadrupling your portfolio. Its YOUR choice and YOUR risk.
NOC put...
Btw, my long put REALLY paid off. I wish i bought a ton of it... Bought the Noc put at .25 last week, sold it today for 1.25... and the thing is the stock is up from where i bought the put. Nice...
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