User 331851

Dow and Rohm & Haas: Just Negotiating

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