NYSE:BP   BP PLC
ONCE AGAIN.. :-) Dean is looking to do an Oct             $35 #coveredcall for about .40 which I think is also pretty nice.

Looking for the put sale to expire before earnings and I might do one over earnings, NOV wk             1 or something around $30, depending.
I wouldn't be afraid to own shares of BP             . A lot of traders like this one long term. Just a boring, small income strategy. Wash and repeat over and over..
The last few since the coveredcall expirations have expired worthless. :-) Bull to neutral on BP             longer term.
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