Subject: Re: OT - STX
I found Seagate to be the ideal candidate for repeated near-the-money cash backed put writing. Very remunerative even with the price going nowhere, which it definitely did for a long time.

CBI definitely went bust. I kinda figured that after a century or so in business they'd have figured out the resilience thing, but nope! Oh well.

KMX, I still have hope for, oddly enough. I like the business, despite the recent weak spot (currently holding it as repeated cash-backed put writing...I'm either patient or more likely just stubborn)

Jim