very correlated to stocks, I suspect
I don't know if Amazon will make their coupon five years out.
But I'm thinking I could write stock puts, and get a correlated payout.
I'm thinking there might be some other junk out there that would add a more of a new dimension to my stock portfolio.
And, I'm thinking that, rather than this correlation being priced in to the relative debt yields, the opposite might be true.
eLROY
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