CallsJust bought some actually 20 contracts for the Jan 2018 $2.00 for 65 cents.
That gives me the right to buy 2000 BBD.B shares for $2.00 a year from nowThese calls are in the money and should go up with any increase in the share price.
Based on some I am a small holder in BBD
15000 shares
70 calls
2500 pref'c.
I don't have more than 5% of my portfolio in any one company.
It is also the only non-dividend stock I own.