Tuesday, April 14, 2009

Trade - 4/14/09 - EMR

STO (2) NPs of EMR (Emerson Electric) - May 2009 @ $29 for $0.95 each . Total net Premium $189.

Emerson Electric has been really good to me over the past several months. I own 100 shares and would like to increase that position. If I get put I will be in the company for $28.05. If I own at this level it would put the dividend at 4.7%.

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