Thursday, January 8, 2009

SKF

As a follow up to yesterday, SKF may be a good candidate for the following strategies:
Sell naked puts, south of 100
Buy shares of SKF outright
Enter a call credit spread 120/130ish with plenty of time



Also, since SKF is a little pricey, consider SRS.  Not necessarily a short-term play (although it could be) but I'd bet a testicle that SRS goes much higher in a reasonable period of time.

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