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  • biglefthook_00 biglefthook_00 Apr 18, 2013 12:26 PM Flag

    once again,,,,

    IF you bought the stock then sold a Jan 2014 covered call...at 1530 hrs, close them out and sell a Jan 2014 Market price covered call for $60.

    use $15 - $20 to buy NEXT week's call...

    This will give you $40 - $45 in your pocket and allow you to participate in the upside.

    WOrst case scenario,,,you have $40 HEDGE to the downside.

 
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