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Some Crazy Deals, If You Have an Appetite for Risk [View article]
If ESLR is < 2.50 in Jan 10 you own the stock with your net at 0.58 per share.
If ESLR goes under, you lose the 0.58 per share -- is this basically what you mean? You lose the 0.58 per share, not the "entire amount you put in" because you already got 2.50 back from selling the call?