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Seagate Technology Public Limited Company Message Board

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  • peterjanda peterjanda May 30, 2012 10:46 PM Flag

    Anybody write covered calls on STX?

    Sold naked Sep. $36 and $38 calls before the latest earnings release as a downside hedge. Position was in the red for a decent while before the market began pricing in the underlying fundamentals. I wouldn't recommend selling (naked) calls on STX at this point.

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