Sometimes the simple plan works best

[jon_leonard]

Beth and I were doing some trading earlier today, and were looking at a stock we might want to own. Usually we do this sort of thing with options: Sell a put contract, so we get the stock if it goes down (and keep some money if it goes up). But it goes ex-dividend soon, which favors a buy-write, but none of the call strike prices were really that appealing.

So we just bought the stock.

(Well, we placed an executable limit order: A market order is bad during a flash-crash or other weird situation.)