Thread: MESA Stock
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Old 09-22-2009 | 10:17 AM
  #5  
TimSmith
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Hold the stock and buy "put" options on it and "call" options on more Mesa. That way you should be out only the option fee and may recover that when you exercise the call on a climb in price, or lose only the option fee when the price falls and you exercise the put. Basically purchasing insurance.
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