Comcast Corporation (CMCSA) $16.19 +1.58%

| February 2, 2010 | 1 Comment More

Reverse time spread in Comcast (CMCSA) ahead of earnings, tomorrow, before the bell. Shares are up 25 cents to $16.19 and the strategist sold the Feb – Mar 16 call spread at 21 cents, 14900X, on AMEX. Looks like opening in both contracts and, if so, a play with its best pay-off if CMCSA sees a fast move higher with falling implied volatility.

Category: All Stocks, Large Cap Stocks, Media

Please share if others would benefit

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  1. fredruffy says:
    February 2, 2010 at 1:30 pm

    Here’s a good article on this strategy:

    http://www.investopedia.com/articles/optioninvestor/02/081902.asp

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About the Author (Author Profile)

Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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