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Going with the theme that CCJ is dead money for a while, I sold April 32 calls & 30 puts for a combined premium of 2.10. If it closes between 30 & 32 on Apr. 15, I just keep the premium. Accounting for the premiums, it has to close above 34.10 or below 27.90 for me to be in the red on this trade. I think the odds are with me.
