Replies to post #5179 on Aurinia Pharmaceuticals Inc (AUPH)

[Jesspro]

Yes, it seems like this is the perfect stock to do it. You stay100% invested and still make money on the side. Believe it or not, I have some feelings for the penny guys invested who don't have the patience to wait due to the actions of the shorts. I know it's oxymoronic to say this and at the same time play around with 5% of your shares(sell high, buy low).

[biotech_researcher]

nsomniyak, thank you for this info! I called Fidelity on this, and although they don't promote it, they do have the program and they sent me forms. They only have 7K retail customers enrolled. Reg brokerage accounts and IRA, and I will use both. They also borrow cash as collateral for your accounts to cover 101% of the value of the stock that they lend out. You could lend out SNAP today and earn 40%. If you add up all the parties and counter parties and loan, this is VERY expensive for the shorts. Let them eat cake....

[Easymoneyman00]

That sounds very high interest on any shares. I don't believe it

[Easymoneyman00]

What are you getting for our covered calls?