Trade - 5/14/09 - QCOM

STO (2) Naked Put - QCOM June 09 @ $37 for $0.90 each. Net Premium $179.

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

Current Stock Price $40.25
Strike Price $37.00
Premium $0.90
Annual Dividend $0.68

Days to Expiration 36
Return (Assumes CSP) 2.46%
Annualized Return 24.94%
Downside Protection 10.34%
Effective Dividend if Put 1.88%