Money and Finance
I went ahead and sold another put option on Cisco (CSCO) this morning. This time it was a $21 strike expiring next Friday on May 18th. I sold the put for $0.55 and after commission and fees received $47.01 in option premium. Cisco was trading around $20.95 at the time of sale.
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- Recent Option Transaction
Yesterday Lorillard (LO) traded 2% higher early in the day and that provided a good opportunity to close out the put option that I had sold. I love when I get opportunities to close out puts early for a solid profit. I had originally sold to open...
- Option Expirations
Well the third Friday of April finally rolled around so it was option expiration day and I had two open put options expiring. With both Intel and Bank of America closing above their respective strike prices on the puts I sold, I got to keep the full...
- Recent Transaction
On Monday, February 25th I sold a put option on Microsoft. I chose the $27 strike price since it offered a compelling premium return combined with giving a execution price that is over a 14% discount to my fair value calculation. I sold the April...
- Recent Transaction
This morning I set a limit order to buy to close my put option on Archer-Daniels Midland (ADM). I was able to purchase the put option back for $0.33 or $33. I originally sold the put option in September at the $26 strike price and received after commissions...
- Recent Transaction
On Tuesday, I decided to sell another put option on Intel. This time it was a $26 September 22, 2012 Put Option for $0.48. After commission I netted a $40.01 option premium. Here's how the option can play out. (1) Option expires - I received $40.01...
Money and Finance
Recent Option Transaction
I went ahead and sold another put option on Cisco (CSCO) this morning. This time it was a $21 strike expiring next Friday on May 18th. I sold the put for $0.55 and after commission and fees received $47.01 in option premium. Cisco was trading around $20.95 at the time of sale.
Read more »
- Recent Option Transaction
Yesterday Lorillard (LO) traded 2% higher early in the day and that provided a good opportunity to close out the put option that I had sold. I love when I get opportunities to close out puts early for a solid profit. I had originally sold to open...
- Option Expirations
Well the third Friday of April finally rolled around so it was option expiration day and I had two open put options expiring. With both Intel and Bank of America closing above their respective strike prices on the puts I sold, I got to keep the full...
- Recent Transaction
On Monday, February 25th I sold a put option on Microsoft. I chose the $27 strike price since it offered a compelling premium return combined with giving a execution price that is over a 14% discount to my fair value calculation. I sold the April...
- Recent Transaction
This morning I set a limit order to buy to close my put option on Archer-Daniels Midland (ADM). I was able to purchase the put option back for $0.33 or $33. I originally sold the put option in September at the $26 strike price and received after commissions...
- Recent Transaction
On Tuesday, I decided to sell another put option on Intel. This time it was a $26 September 22, 2012 Put Option for $0.48. After commission I netted a $40.01 option premium. Here's how the option can play out. (1) Option expires - I received $40.01...