Monthly Cash Machine Newsletter, Monday, 01/17/2005 03:26:16 AM ET
New "Bull-Put" Credit Spread
HAVING TROUBLE PRINTING?
LPNT - LifePoint Hospitals $37.63
LifePoint Hospitals is engaged primarily in the operation and management of healthcare facilities, mostly general, acute care hospitals in non-urban communities in the United States. Through its hospitals, the company provides a range of healthcare services, including medical and surgical services, as well as outpatient and ancillary services such as rehabilitation, radiology, respiratory therapy.
Fundamental information: http://finance.yahoo.com/q/ks?s=LPNT&quicken=2
PLAY (conservative - bullish/credit spread):
BUY PUT FEB-30.00 PUN-NF OI=745 ASK=$0.25
SELL PUT FEB-35.00 PUN-NG OI=3221 BID=$0.70
INITIAL NET-CREDIT TARGET=$0.50-$0.55
POTENTIAL PROFIT(max)=11% B/E=$34.50