The thing is, in your particular world view, FMG is just a one-trick pony, with it's future earnings based purely on iron ore, but the company is so much more than that. It actually is a growth company, with plenty of irons in the fire (excuse the pun). Playing covered calls could leave you short if the sp does gap up- and it has done so several times on it's recent journey from around $7. Still- each to his own. Your play leaves you needing to convince everyone that the SP is not going to race ahead, but just inch forward. A tricky spot- perhaps you should start a new thead? Covering my calls?? Just a thought.
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$16.82 |
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-0.500(2.89%) |
Mkt cap ! $51.78B |
Open | High | Low | Value | Volume |
$17.11 | $17.23 | $16.81 | $252.2M | 14.80M |
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No. | Vol. | Price($) |
---|---|---|
4 | 13676 | $16.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.83 | 350 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 13676 | 16.820 |
7 | 3461 | 16.810 |
111 | 88598 | 16.800 |
4 | 2850 | 16.790 |
14 | 8391 | 16.780 |
Price($) | Vol. | No. |
---|---|---|
16.830 | 350 | 1 |
16.840 | 1484 | 1 |
16.860 | 7000 | 2 |
16.880 | 50 | 1 |
16.910 | 1542 | 3 |
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