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Dean,
Jun 19 11:40 am
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All Comments by Paul Price »Sanofi-Aventis: Play This Low-Risk Combo Along with Buffett [View article]
You are correct that long stock & short calls is equivilent to just selling naked puts. I like owning ADRs of SNY, though, as their dividend [if you do this over a full 12-month period] far exceeds current money-market rates.