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oc631

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oc631

Re: medchal post# 100835

Thursday, 08/05/2010 12:08:34 PM

Thursday, August 05, 2010 12:08:34 PM

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"and I "foolishly" sold $25 calls on that purchase, not really caring whether they would be exercised."

You collected premium on the sale of those calls. The stock then dropped. What's so foolish about that?
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