Amazon stock
If the stock plunges buy back the calls and sell other ones with a lower strike. The rules are clearly defined and detailed depending on.
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It discusses what to do when you currently have a covered call position explained in his first book depending on what happens to the stock the risk is in the stock not in the option.
. Buy Neenah Exact Vellum Bristol 85 x 11 67 lb147 gsm White 94 Brightness 250 Sheets 80211. Random article at Wikipedia.
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