LOok at values today with the stock higher
http://finance.yahoo.com/q/op?s=BGC&m=2010-01
The lesson I wanted to convey is....MONEY can be made with any stock sitting in a tight range without ANYONE getting hurt...
In the past whenever I "suggested" selling calls the inexperienced thought it was carte blanche to shorting/selling...WRONG!....
It;s really a bullish call...a return ON and OF your principle
Many in life want o believe what they want to believe...