LogFAQs > #952046589

Now that I think about it, the stock is likely to be either up or down 32% in that time range. If its down, then Id collect $32k and could sell the stock to break even. If its up, then Id collect the $32k and could sell for a tiny profit (since I bought it at $117.74). Which would have been the same profit I would have made had I never made the covered call.

So how do I win? If the stock is under 32% gain or over 32% loss.