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Yesterday I sold Dec. puts on GE with a strike price of 22.50. Nice
premium.
Today, before market rise I sold Dec. puts on JPM with a strike price
of 15.00. Nice premium.
My concept is that if the strike prices were hit I would not mind
owning the stocks at those prices. If not struck I keep the premium.
I had previously sold Sept calls on GE with a strike price of 35.00.
Premium became mine when options expired.
I am looking for other ideas that have value along these lines.
John
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