Therefore, I would think about spreading the risk that is, selling a call likely to be out of the money against this as to offset my total cost and allow me to have some upside if the stock moves up in the meantime.
Frankly, just as I favor strict term limits as a way to cleanse our political system of incompetents, I welcome the call for accountability when too-big-to-fail institutions collapse because reasonable investments utilizing reasonable risk parameters were not undertaken.