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Bought 6,000 shares of NITE at 14.72 and wrote 60 May strike 15 calls at .95/contract. I feel that the current fundamentals coupled with the premium of the calls present a good return for the next 4 weeks till option expiration.
I will asccumulate additional shares and dollor-cost-average accordingly. Be advised that the company releases earnings on the 23rd of this month.
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