United States Antimony Corp (UAMY)

[nbm16yankees]

jrf30,
Thank you so much for your explanation.
I followed you on all your points and really
appreciate all the time you took.
I have been writing calls and keeping the premiums and
writing again as you have suggested.
However, instead of letting them call away my stock,
I sometimes buy back the call and go out to the next cycle
increasing the strike price. I have been having success that way.
I did sell some Nov $2.50 Puts that I am waiting to buy back at 3 cents.
Here's a dumb question for you...
If I dont buy it back and close the position, what happens if the stock is
above $2.50? Below $2.50? Does it get "put" to me at $2.50, thus if I
sold the Put at $1, in essence it only costs me $1.50?
BTW, just saw that the $245 million contract was awarded.
Thanks again for your help....VERY MUCH APPRECIATED.