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Gold/Mining/Energy : ATP Oil & Gas (ATPG): An E&P Co. Without Any "E"

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To: Paul Senior who wrote (22)7/18/2010 9:22:19 PM
From: Debt Free  Read Replies (1) of 35
 
there are some very SIGNIFICANT premiums on the options. I am thinking about starting to build a position by buying a position and then selling covered calls against that position. any thoughts on why this is not a sound strategy at this time?
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