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out of the money covered call writing? This is an income strategy for individuals who hold large positions in certain securities.
The possbility of this being open call writing is slim. There is not enough information here to really know whats going on.
It is convenient that a 3rd, more likely scenario is left out of the analysis.
The thread title is also misleading. I can go and control $100,000 of currency for about $100 if I wanted to, lol.
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I died.
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