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It was NLY, it was $16.32, I sold the $3 call option for $12.30, so $0.02 discount. I suppose a high frequency trader could have profited from the difference but there is just no volume here for them to make real money on that kind of difference. There is a $0.60 dividend due in 2 weeks. Anyone...

I just did a buy and write and I'm wondering why someone would take up the other side of this trade. I've rounded the numbers for simplicity: Stock is $15, $3 call option with 400 days left is $12, so no premium. Stock pays high dividend, ex-dividend date in 2 weeks. Why would someone buy this...