Please note we are generally on a pause in our put option selling. This is due to a couple
of factors. For example, we have a number of outstanding puts that are currently
scheduled to strike over the short term. Although we continue to market some of our
available real estate, our available liquidity from asset disposals is limited at this time.
Margin rates are relatively high should we incur debt to acquire those wonderful
Dividend Champions and Champion Tech Wannabes we typically write puts on. We are
fully invested and continue to DRIP virtually all our current interests. That said, we
continue to sell calls on companies that are no longer Dividend Champions and will
continue to sell calls as existing options expire unexecuted.
Should we see what we think is a special opportunity we may selectively resume put
selling and will post the results as usual.
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