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Re: Elmer Phud post# 1

Thursday, 06/21/2012 3:44:46 PM

Thursday, June 21, 2012 3:44:46 PM

Post# of 12
This looks like a license to print money. What am I missing here?

It continues to look like a license to print money.

The dividend is $0.45560. Add to that the premium of $0.35 I got for the July Calls and it's $0.8056 to cover my borrowing cost of $0.07!

I'll just keep rolling this as long as I can and pocket the money.