Sep. 15 at 3:58 PM
$FRO this stock has been very good to me in the 23 months I have owned it. At the current
$24 level, my total return on investment is 150% including capital gains, all dividend income, and all options trading profits. I don't mind having the 4,500 shares in my taxable portfolio called in two months if FRO trades above
$30 before November 17, so I sold 45 calls at the
$30 strike this morning for 28 cents each. If they do get called, I will buy back on the next big dip just as I did a year ago when my shares got called on an options trade at
$26 per share just before the stock began its 50% drop in price.
