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Really like that post. Am long CMO via sale of May 12.50 puts for 1.50 and 1.55 recently. Will make my true buy price about $11 if the shares come to me.
If not, the premium on an annualized basis is about $2.75 which is more than tney are paying out at the current share price which is about $2.20 per year. will take my chances being long via these naked puts. Sentiment : Hold Rating :
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