Money and Finance
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 in option premium on $2,600 to cover the put, that's a return of 1.54% over 32 days which is an annual return of 17.55%.
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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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Recent Transaction
This afternoon I sold a Dec 22 2012 Put option on Archer Daniels Midland Company (ADM) for $0.89. After brokerage costs I netted a total of $81.01. The put option gives me a good return either way that it works out. If ADM is trading above $26 on...
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Recent Transaction
Today I decided to go on and buy back my $7 Jan 18 2014 Put option on Bank of America. I bought to close the option for $0.89 plus $7.98 in commission/fees. It cost me a total of $96.98 to close out the position. I originally sold the put back on...
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Recent Transaction
Yesterday I sold another put option on Intel. I sold the $25 17 Aug 2012 put for $0.46. Less commission I received a total of $38.01 in premium for a total return of 1.52% which is annualized to 21.75%. I figured that since I want to add to my Intel position...
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Intel Put Option
With Intel currently trading at $25.60 it looks like my put option that I sold on Intel is going to expire today. It's a good and bad thing because I wouldn't have minded getting Intel at the $25 strike less the premium. But I got a pretty good...
Money and Finance