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Subs: New Transaction

Things might be a little toppy here and either way, not sure how much immediate upside there is to this pick..Sold Oct. 11 $30 calls on Wells Fargo (WFC)  A $.70 each (2.4% gain based on current price).

With the other calls we have sold on it, should WFC pass $30 a share and we get called out (forced to sell at $30) ,our effective sale price would be $31.95 excluding dividends.  Should it stay below, we take the premium and do it again next month..