I got some below 3 years ago, then below 4 a while ago.. looks like may get another chance to sell a few puts and get some more on the cheap. While those here a looong time when the stock was above 10 may not be so happy, I am satisfied with FTR and its dividend. Would like to see them clean up the balance sheet. Will be looking to sell some puts if FTR gets below 4 again... which I doubt it will, just too much reasonably safe yield in this low interest rate environment.
I am short a put..an adjusted put... so please someone sell today and get this below 19.70 at close.. just for today. Darn RBC.. why couldn't they have waited until Monday to make the outperform recommendation.