hmm, lets see. Who was the smarter person.... The guy who bought MTGE at $25.10 and sold you the $25 call for 0.67... netting 0.57 for a couple weeks... (GUARANTEED RETURN! + POSSIBLE DIVIDEND IF THE STOCK IS BELOW $25, IF NOT THEY KEEP 0.57 WHICH IS OVER HALF THE TOTAL DIVIDEND VALUE FOR 2 WEEKS TIME) Or you.. the buyer of this retarded option? BTW i probably sold you that option today. Enjoy.
I am just kidding about selling you the option, but seriously. Unless you are terriblely capital constrained, theres no reason for that. The overall volume on that option was 8 contracts. so you control 800 shares at most, but the last trade shows it took place at 0.70. The trading fees are such a larger percent of that trade... I bet your brokerage is happy.