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leemalone2k3

03/10/22 1:04 PM

#784 RE: nbm16yankees #783

I understand your reasoning for going out that long in time. I use this strategy to buy stocks short term but in a case like SENS where it’s a penny stock it’s difficult to collect premium out of the money with short term strikes.

I don’t know the answer to the buyout question. In all the years I’ve been trading that situation has never occurred to me. Probably would be best to ask your broker.