Re: [RT] FWIW.......Banks

[Ben <profitok@xxxxxxxxxxxxx>]

Hello Ron

this is how i short

safe

with max loss

and max profit

 

short  aug 17.5 calls

long aug 20 calls

its a credit spread

your credit is your profit should it expire under 17.5

your loss

if it close over 20 is 2.5 minus credit collected

Ben

----- Original Message -----

From: Ron Cernokus

To: realtraders@xxxxxxxxxxxxxxx

Sent: Monday, July 21, 2008 11:07 AM

Subject: Re: [RT] FWIW.......Banks

Well now everything seems normal again.  And I am able to short GS and C.  However not that I would want to.  Anyway the problem earlier must have just been an early morning glitch as my shorting attempts were very near the open.

 

Ron

 

----- Original Message -----

From: Ron Cernokus

To: realtraders@yahoogroups.com

Sent: Monday, July 21, 2008 9:38 AM

Subject: [RT] FWIW.......Banks

Just to experiment this morning, I tried shorting Citi Bank and Goldman Sacks.  I got pop-ups saying they were not available for short sale at this time.  So maybe media rumors about shorting and the banks is correct.

 

Ron 

 

 

 

 

 

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