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As I write this, the XLE is trading at about $74 per share. I'm looking at options about 30 days out. Others sell the $75 Necessitates $2.78 and purchase the $76 calls for $2.37. The difference between selections is a credit of $0.41. Now remember each option represents 100 options and stocks. So you put in your pocket $41 per contract. If you're d… Read More

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