Thanks for the clarification. I wasn't sure if it was just a CC. The spread talk confused me. Gimme a few extra hours of sleep and I can comprehend Chances are, the option's B/A spread isn't narrow. If the natural cost is $2.60, I'd put an order in for $2.55 and maybe you get lucky. If you get a fil and you survive one dividend w/o assignment, you're golden. If you don't, you learn an inexpensive lesson. If you get some size, chances are some might make it and net-net, you're ahead.