i too had way over the 100,000 and although i doubt Lincoln would ever go out of business i did a tax free exchange for one of my annuities over to CINF...they seemed solid and have the P&C business to smooth out their exposures. Now have less than 100,000 with lincoln.
Certainly it is way more logical that another company would come in and buy the Lincoln book long before they got into trouble. Sun would be possible or a P&C company looking to add that to round out.
In the mean time selling calls today on some of my lnc as to me its like putting a limit sell on them...selling january over $20 and getting paid to place the order.
actually have a lot of shares and was selling a lot of calls today (on many different companies) as it seemed they were in high demand. with LNC was selling in a range some for the 15$ at 1.00 and the 20 was only .20. Sold a lot of calls today.
Hope to get called out on the 15's and just keep the cash on the 20's
the 15's were for the stock i was buying under 10$. certainly 14.99 in January will be fine and i get to keep the premiums. If it keeps surging i'll maybe buy them back and then some but 3 up days in a row seems like too good to continue.