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for 1.19 this afternoon. This could commit me to shares after the Q4 report. I'd be picking them up for 50.81, and that's fine with me. It's also fine with me to pocket the premium, a 2.3% 1 month return on cash security, and not have the shares put to me. EBAY closed down to 1.7% to 53.95 on less than avg volume. Account II updated info below:
Account II (apx .17 Weight):
NOV 07. Bought EBAY @ 52.32. Sold DEC 52.5 Calls @ 1.72. 3.3% return from premium.
DEC 21. Shares called away. Total return: 3.6%. Now 100% Cash.
JAN 02. Sold 31 JAN 52 EBAY cash secured puts @1.19. 2.3% return on cash security.
Disclosure: I am long EBAY, .
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