No. of Recommendations: 0
" Contrary to the other reply, in your situation, I'd be tempted to close now and wait for some short-term strength before opening a new short call position. Holding a little longer is OK too if you think a sudden rise in the stock price is unlikely. I have no opinion on that currently."
Thank you, I currently see no short-term catalyst to increase demand for the common hence I'm not buying them back.
IF, IF, I thought Buffett was going to declare a 1$$ a share quarterly div in the next 30 days I would buy them back now. I doubt he will before Dec unless demand increases for other reasons.
GL.
