Aug. 19 at 2:03 PM
$AAOX is pulling back today but it’s future looks bright because AAOI’s future looks bright. That means premiums are robust. With AAOX just under
$17 this morning, you can buy the shares and sell the September Call options listed below with corresponding returns. These are pretty sweet returns for just five or six weeks. And even if they’re not called at expiration, your cost basis will be ridiculously low as you sell them again next month. I’ve been selling strangles on this for a while now and they’ve been very profitable.