Money and Finance
Recent Option Transaction
I'm finally getting a chance to write about the put option I tweeted about on Lorillard that I had sold on Wednesday, May 1st. The markets continue to be a bit overheated so I've been focusing a bit more on selling puts in order to have some return on my cash other than the piddly interest rate that's offered through my brokerage. Although I haven't tried to get fully invested because I'm hopeful the markets will finally have that elusive pull back, of course only time will tell on that one.
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2 More Options Transactions And A Closed Put
I tweeted about all these trades as they were executed but am just now getting a chance to get official write-ups going. On Tuesday, May 21st I sold 2 put options one on Cisco and one on Clorox. And yesterday May 22nd I bought to close the put option...
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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...
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Recent Transaction
This morning I sold another put option, this time on Coca-Cola (KO). With the bargains being harder to find I've been looking more towards selling puts to add to my passive income either through option premium or by purchasing shares in companies...
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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...
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Options Update
With Intel closing on Friday at $23.13 my September 22 2012 $25 put option was exercised. You can see the details and thought process of my selling the put option here. By selling the put option I received $52.01 in premium. In order to calculate...
Money and Finance