Trade - 5/4/09 - AFL

STO (3) Naked Put - AFL May 09 @ $28 for $1.05 each. Net Premium $313. Nice Premium for 11 days (3.75%). AFL seems to have all their liquidity issues behind them. They also appear to have learned their lesson on exotic investments. Company showed their confidence this year by raising their dividend. If I get put I will have about a 4% dividend that I feel is extremely safe.