It took me a while to figure out what happened here but apparently the stock opened up with a dividend adjustment which threw all my posted figures out of whack.
I threw off a lot of other people too and caused a big sell-off this morning for no real reason.
I am no longer happy with the November premium at a $125 level, that will be hard to beat this week, but I would want to buy Dec $125s if they can be had for $5 today.
If it does come down, don’t catch a knife, buy a small amount and wait for clear direction – this stock can go up and down a dollar in minutes!
