Richard Croft World Financial Split Corp. WFS-T BUY Nov 22, 2005

They do covered option writing on a basket of global finacial companies. The problem is that currently options are cheap, so you are not getting a lot of premium and they are obligated to make those sales as that is what the strategy is. On the flip side, he likes financials, so it's not a bad place to be. Longer term not bad as one of your income producing assets within a portfolio.