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Alias Born 07/19/2017

Re: DragonBear post# 37982

Wednesday, 04/22/2020 4:45:29 PM

Wednesday, April 22, 2020 4:45:29 PM

Post# of 54156
Lol bear, don't you understand the profit from a potential ZN pps covered call run up from 20 cents to 1.00 belongs to the writer of the covered call (only lose out on potential profit loss over 1.00)

You really don't realize this? Who cares if call price rises to 25 cents or 30 cents as I don't have to buy to close and can simply let my covered ZN call be transferred to original call buyer as I'm happy to collect my 80 cent gain on my 20 cents ZN cost basis stock.

With ZN printing shares likely over 300 million by Sept 2020 or Jan 2021 do you really think you will miss out on much upside over $1.00?
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