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Old 13th October 2008, 06:15   #3656 (permalink)
Track Coastal
 
Join Date: Aug 2006
Location: All over the place
Posts: 287
West Coast, your DOW 10,000 call in 12 months is a return and turnaround of 19% in one year and you are only just a entering recession/depression which will last between 3 and 20 years.

Why don't you buy $10,000 worth of DJIA Index Call Options with a 10,000 strike price SEP 09 Expiry at a 10% discount. If it hits you may be loaded (looking at the Delta probably maybe 30K). If it closes at 9999 or less the seller keeps $10,000.

C'mon mate its only a 19% return and your economic fundamentals are fantastic under The Duck!!

Edited: I just found out I can't sell naked US Options for some reason.
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