Buy to Open WNR Jan 7.50 Calls
October 20th, 2009
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I bought some Western Refining Inc. (WNR) Jan 2011 LEAPS before close. I’m planning to do a covered-call with LEAPS strategy on this one. I felt there just wasn’t a good way to sell puts based on the current strike prices and premiums.
WNR has a flat/rising 50 day SMA and higher volume on recent rallies.
