We were assigned shares of Corning (GLW) last week. I am recommending a call to sell against them to reduce out cost basis.
Note that this trade is ONLY for those people who own GLW shares from a previous Income Masters position.
Current Stock Price: $38.93
Cost Basis: $39.68
Action: Sell to open the GLW Sep Monthly (9/17) 39 Call for around $0.35
New Cost Basis: $39.33