How long can QCOR trade in this range?I'm not complaining. With its dividend and great earnings for the next few years, I have confidence in my long call options.But I'm still hoping for the stock price to remain steady. Jan sold puts successfully expired worthless, and it looks like Feb ones are reaching full value as well. I've written covered calls with $28 strike in March because I purchased long calls with break-even price at $26.5 or so. When my Feb puts expire, I plan to sell new March ones. Due to the premiums, it's not hard to write QCOR options less than two months out without over-extending. There is risk, to be sure, but I'm confident that due to Questcor's huge cash generation and dividend, if the stock falls, it won't stay down for long.Carl
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