Zion Oil & Gas Inc (ZNOG)

[Moses1492]

Bear, I am only "forced" to give up my 5 cent sold covered call if ZN is in the money over $1.00 ZN pps at time of expiration and then my covered ZN share is simply given up nothing else (I don't have to buy back anything)- REMEMBER all the profit from 20 cents to $1.00 is mine to keep along with the original 5 or 10 cents profit from selling calls - I'll gladly take the 25%-50% immediate profit now and be happy if my ZN share is taken away over $1.00 pps. That means I will have made profit over 850%.