thanks Zilla, I normally do not buy stock, but try to acquirer it through STO PUTS. When I did CVI I felt it was very over sold so went big using $17.50 strike price for both Dec. & Feb expiration dates collecting $1.20 and @2.10 per share. I would like to get assigned CVI but feel it will be above my $17.50 pps on expiration dates and I will keep 100% of the perineum I collected.
I also feel IEP is over sold because they are major holder of CVI but will move up fast when CVI moves up as they did tender offer at $17.50 ps to buy up 88% of CVI stock. IEP does pay a .50 dividend which is about 13% there Record date for next dividend is Nov. 18 so I expect some buying or short covering before that date.