Wednesday, October 27, 2010

Options for BCE Earnings

BCE will declare earnings next week. American readers may not know, but there is now a lot more competion in the wireless space in Canada (finally!).

Ths is what happened to Rogers when it declared earnings yerterday:



These are straddles for BCE, on the TSX:


Only a 3.2% move required.


Not advice!

2 comments:

  1. Why do you use equal dollar value of puts and calls instead of equal number of shares (contracts) ?

    Thanks lots!

    ReplyDelete
  2. I make the positiona equal in dollars. Contratcs numbers could be anything and not relevant.

    ReplyDelete