Thursday, May 14, 2009

Trade - 5/14/09 - EMR

STO (3) Naked Put - EMR June 09 @ $32 for $1.00 each. Net Premium $298
EMR has been a favorite of mine for several years. I got called out a couple of months ago and I am ready to get back into it. Solid management and dividend increases over the past 30+ years make this a good anchor investment.

Ticker: EMR
Expiratoin: 19-Jun-09
Invest Date 14-May-09

Current Stock Price $33.89
Strike Price $32.00
Premium $1.00
Annual Dividend $1.32

Days to Expiration 36
Return (Assumes CSP) 3.13%
Annualized Return 31.68%
Downside Protection 8.53%
Effective Dividend if Put 4.26%

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