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Re: DewDiligence post# 135943

Friday, 01/27/2012 10:24:37 PM

Friday, January 27, 2012 10:24:37 PM

Post# of 257253

Your post is one of the very few times—perhaps the only time—where I’ve seen someone acknowledge that selling calls ended up costing money.

No money was cost to the seller - the seller just didn't make what the seller could have.

If you sell a stock you bought at $10 for $15, and the second after you sold it it goes to $20, you haven't cost yourself $5, you've just missed out on the making of it.

Cost and opportunity cost are not the same thing.

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