tluckett

Dow and Rohm & Haas: Just Negotiating

I have the Feb 65 calls at 5.20 should I just sell them?

Thanks!


On Jan 06 01:29 AM User 331851 wrote:

> ummm... where did they dig up this Jack Walker guy? This has got
> to be the worst advice i've heard in a while. If you think the deal
> gets done at a lower price then sell the feb 75/80 call spread for
> 1.30 - you have only 1.70 of risk (to 78$ - best case for ROH) and
> only 3.70 of reg-t exposure.
>
> If DOW decides to drag it through the courts for a couple years ROH
> could puke to 30$ based on comparible valuations and you're out 18$
> on your short put.
>
> Please trust me that naked short selling for the average options
> trader has sadness written all over it

Dow and Rohm & Haas: Just Negotiating

Hey I have the Feb 65 calls I own them at 5.20 should I just dump them?

What are your thought? Thanks


On Jan 05 08:16 PM Teak wrote:

> Come again, what? Sell a Jan 70 put with a -0.123456 buy at an XLVIII
> point cross-intersecting with a package of Oreo cookies and a 54.36
> Kraft call?
>
> How about if I hang on to my ROH shares until DOW buys them for $78?
> Or, if DOW backs out of the deal, I hang on to my ROH shares and
> continue to receive the 3.5% dividend yield, which has grown at a
> 16.5% annual rate for me the past three years?
>
> I do try to extract beneficial info from Seeking Alpha, but at times
> it is the net's equivalent of hot air.