December 12th, 2007
I’m Down With ODP (Yeah, You Know Me)
When I wrote about Office Depot (ODP) in September I said “an investment in Office Depot will require patience and possibly a strong stomach, as things are likely to get worse before they get better.”
Not being one to follow good advice, I wrote put options on the stock.
Good thing I have patience and a strong stomach, as things got worse today.
William Trent currently has a short position in put options related to Office Depot (ODP).
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