SLM

Posted by Jack Haddad on December 21, 2007 at 3:01 pm

Bought 1 block at 19.78 and wrote 100 Jan strike 20 calls at 2.15/contract.  This is a specualtive play and outside the realm of fundamental or technical analysis.  I’m speculating that with ever rising college tuitions and growing number of applicants– particularly grad students– the industry will consolidate and SLM will be the winner.

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