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Re: Zilla post# 307

Friday, 12/06/2024 1:08:45 PM

Friday, December 06, 2024 1:08:45 PM

Post# of 341
Zilla that 10.40 buy should be good going forward. My guess why IEP went down today is they originally offered to buy CVI extra shares at 17.50, but Carl increased that to $18.25 so those shares will cost IEP just a little more. We are oversold and hitting double bottom plus IEP does pay out .50 per share on Dec. 26 and both IEP & CVI should move up nicely in 2025.

Do you play options? If so I like the STO-sell to open 1/17/25 $10.00 PUT where you can get paid .47 per share - so if price for IEP is above $10.00 which it should be you keep that .47 cash you collect today. One must have cash reserved or margin if on that Jan strike date the price is below $10 you will be assigned / buy IEP at $10 but your cost would be $9.53
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