By Keith Fitz-Gerald
Email – #109
** Don’t Buy Yangzhou Coal, Sell Puts Instead
Would you go to a 25%-or-more sale?
Neither would we.
Which is why we’re going after Yanzhou Coal Mining (YZC) again using our favorite buy-it-on-the-cheap technique… selling puts.
The last time we did this with Yangzhou, we sold April $75 puts for at least $3.20. Then bought them back [...]
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