Maksims Covered Call Options Forum

[maksim]

SWHC - Covered Call June 11

For the firearms enthusists.
I love this company, they are making a great product at a great price. They are turning around the company, and a good long term holding, either for a turnaround story, or a buy out.

Buy 1000 SWHC @ $3.85
Sell 10 June 2011 $4 calls @ $.40 to $.50.

$3500 or so out of pocket, $400 if it goes nowhere, and $650 or so if called away.

Alternatively... for those that can... consider writing a cash secured put. Jun 11's for $.50