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February 27th, 2012 at 8:11 pm
Phil/SVU
Sell Jan 13 $5c and $7.50p for $2.80, acb of $2.80/5.65, dividend yield is 12.5%/6.2%, and if called away you net $2.20 plus 0.35 dividends ($2.55) for a 90% gain on $2.80.
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