RE: RE: Why hello $7.00What symbol do the CUM options trade under?
----------Original Message Posted 1/17/2011 11:10:11 AM----------
If you think the shares are doing well, check out the options pricing. Last week I transfered 37 July $6 call contracts (3700 shares) from my cash account to my TFSA for this years contribution. At $1.90 today I'm up 40% since the transfer. The icing on the cake is I took a cap loss in my cash account because I paid around $1.60 for them originally. Talk about having your cake and eating it too.
Happy waiting. SP.