Petrobakken?? PBN-T

[crusher]

I've sold covered calls also and made great returns. Just takes some time which I don't have in the summer but do in the winter.

[hobbyfrmr]

So, I'm an amateur, but PBN-T looks appealing to me. 1. They pay a dividend, 2. They have upside potential. I think there are people out there who would buy (because I would own these shares) the call options I would make available for sale. Double dipping, collect covered call premiums, and also dividends.

[grassfarmer]

Charts don't look too exciting to me, on the upswing now but has been an under-performer for a while now.

http://stockcharts.com/h-sc/ui?s=pbn.to

Still you could buy at $8.47, sell a Jan. $9 call for $1.15 and if you get excercised at that you are 13.5% up in 3 months.