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Re: DewDiligence post# 135943

Saturday, 01/28/2012 1:10:21 PM

Saturday, January 28, 2012 1:10:21 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. >>

So his immediate cost was $.93 per share less the premium he got for writing the call. I'm going to guess that overall, the strategy was profitable for poorgrad compared to buy and hold -- perhaps substantially so.

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