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Bought ALL and wrote July strike 24 calls

|Includes: Allstate Corporation (ALL)

Bought shares at 24.70, and wrote July strike 24 at 1.75/contract for an intrinsic time value of 1.05/share.  Shares are are pretty stable according to the -3minth chart.  The stability is also evident by the MACD which is neutral at this time.  This stability should be a safe harbor for option writers.