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On CNBC's Fast Money, Scott Nations suggested investors to consider a covered call strategy in Microsoft Corporation
MSFT.
Scott Nations wants to generate some yield in Microsoft Corporation (
MSFT), and he is going to do that with a sale of a covered call. Specifically, he wants to sell the November 25 call for $0.55. If MSFT jumps over $25.55 at the expiration, he will get called away.
Microsoft Corporation (
MSFT) closed today at $24.35, with an increase of 1.84%.
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