Anybody who holds 100 or more shares of PAL, and thinks the stock is
probably not going significantly higher over the next couple months,
could sell some covered calls to bring in a few bucks on their investment.
I'm seriously considering it.
Well, at this point there are too many unknowns. The most important one is the financing on top of the new top management issues. I understand time is running short...New CEO and CFO have a big challenge ahead of them. I would not sell Call options unless you are deep in the hole and want to generate some income.....Good Luck!
Deep in the hole? My avg price is close to 2.00. But I'm not going
to sell. I think PAL is worth much more than 2. I'm hardcore and
lonnnng term. I think I'm going to sell around 17 contracts. I think...