STO (5) Naked Put - T (AT&T) October 09 @ $22 for $1.04 each. Net Premium $516.
Looking for some safety and to lock in some premiums here. Very safe dividend with quite a bit of downside protection.
Risk Management:
Ticker: ATT
Expiratoin: 16-Oct-09
Invest Date 15-Jun-09
Current Stock Price $24.42
Strike Price $22.00
Premium $1.04
Annual Dividend $1.64
Days to Expiration 123
Return (Assumes CSP) 4.73%
Annualized Return 14.03%
Downside Protection 14.17%
Effective Dividend if Put 7.82%
Monthly Options Expiration Results through May 17th, 2024
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Each month after the monthly options expiration date, this summary report
provides the results on all positions that have been closed out during the
past m...
16 hours ago
Are you sure the $1.04 premium is right, I just checked it and a $22 July put is $0.16
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