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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

11/29/18 at 1:54 PM CST

 

 

READ: 4

RPLY: 1

0

0

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Sentiment:

Neutral

CIEN - OT

CIEN - Jon, you rascal! How is it that you write NOv. 30th CIEN 33 calls, it falls from $35 to less than $31, and now it's about $32.60, which likely means you'll reap the premium and can option it out again. (I may have some of the specifics wrong, but the idea has always been there - the options on this stock come in *perfectly*, so you can write calls earnings after earnings, pocket premiums, and never have the stock called away.) The options Gods just love you. :-)

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