C March 10, a call option with undetermined maturity.


No idea what the exact count is, in any case it does not matter as we are a dollar away from ground level. Suffice it to say the the last leg down has a total of 9 legs and could therefore be complete. After Warren Buffett’s “over the cliff” comments and RBC DS’ sudden awakening to the banks’ predicament and even suggesting that it might be good to cut dividends, it may just be time to go long. This, at about one dollar, is an option with an undetermined expiry. Furthermore it is at the money and has a 100% (not 50%) delta. You broker does not need to be option licensed ,nor does your account need to be set up for it. Paradise??