Thornburg's a Huge Bargain After Monday's Crash [View article]
Gary, you don't have to buy on margin to sell a covered call, just plain buy. I got in for 2.45 per share today after deducting my call premium from the price paid for the shares. It is very doubtful that the dividend will survive, but the real bet is on a recovery in the share price.
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Gary, you don't have to buy on margin to sell a covered call, just plain buy. I got in for 2.45 per share today after deducting my call premium from the price paid for the shares. It is very doubtful that the dividend will survive, but the real bet is on a recovery in the share price.
Mar 05 04:22 am
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