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Re: tpizzazz24 post# 737

Thursday, 04/02/2015 9:06:03 PM

Thursday, April 02, 2015 9:06:03 PM

Post# of 1228
I didn't buy calls, I sold them. I was quite willing to take the premium against the odds that the stock would hit $20 before the April expiry. Options can't generate revenue and either expire worthless or at least at a value less than originally paid to the seller the vast majority of the time. Shares can produce revenue, and had the share price actually peaked to $20 I would of quite happily accepted the $20/share on top of the premium collected on the call options ;)
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