Anavex Life Sciences Corp (AVXL)

[surftv7]

I Like your rationale. Also Under 5 Friday Calls were good for me.
Unexpected +$5 at open I wasted no time as it starting dropping to $5.15.
Total sold 201 Nov5 covered calls (17 were 7.5's) average .82 cents. Premiums buy 710avxl, 1000nwbo, and tomorrow rest of cash will go towards one of your others (atnm).

Coincidence, our a/c service tech
Texts me Friday afternoon with stock tip ...he's in @8 now $12 holding 1,300
shares. I tell him to get approved and sell Nov 15 calls @$2.35....Think I got enough left to pick up 500 (atnm).

As I hold majority of everything in Roth and Traditional IRAs (no income tax liability on options, dividends, contributions everything in Vegas stays in Vegas ) this works for me.
My Roth is going on 3rd year aging.
Board member mentioned that if your
avxl SP goes up (worth a million, pick a number )
after 5yrs in roth...sell and cash is tax exempt....seems like a good way to
retain what direction fire hose of cash
Gets pointed at vs. IRS.
If we get to Nov 20 under $6 I will be happy and if under $5... That's a 2 beer celebration .