Bought Regal Entertainment Puts
In my second foray into buying stock options, I
bought the right to sell Regal Entertainment Group (RGC) at $20 per share for
$2.65. If RGC goes up over $20, I'll lose every penny. But if it drops below
$17 per share, I'll make money. I have this theory that movie theatres are
going to have a very bad year, and Regal in particular has miserable
finances.
Filed Fri - January 27, 2006, 03:42 PM in
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