Given my track record - it will rise over 30 at which point I will have to buy back my 30 call: or have it called from me before the ex date. Selling calls to ad income to a divie like this gets me in trouble.
I dont know... but I wish it would trade around $25 or less soon. I dont like paying much over book... I wont buy any until then... Things can remain expensive for a long time... best to wait for opportunity.
Right and earn one percent on your money. If it drops the market(s) typically are leading it down.Best to average in and either take capital gains or hold long term for the dividend.I use both ..typically average in after the dividend.Buy and hold sans some fundamental change may be the best strategy.