Replies to post #132101 on Anavex Life Sciences Corp (AVXL)

[kevindenver]

OK got it COVERED calls, so very low risk especially for a low cost basis position. That's a fair trade.

Just opportunity risk while the contracts are open and the buy out of $20 comes, LOL.

I personally hate the AVXL options market due to it's wide spreads and illiquidity. But, use call selling extensively for income.

Happy trading.