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utahstock12

04/23/21 1:32 AM

#50709 RE: dlewisfl #50705

Haha you're proving my thesis there. I would never buy those options either, they seem horrible compared to the 2.50s in Aug. I meant they looked good if you were the seller of them. If shares merely flatlined now to Nov that's appx a 30% return (assuming you're selling covered calls and not naked like a maniac)Even with a decline, you're still up unless somehow we're trading in the low 3s.