Tuesday, June 9, 2009

Trade - 6/9/09 - RIMM

STO (1) Naked Put - RIMM (Research in Motion) June 09 @ $75 for $1.91 each. Net Premium $190.

For only 10 days I like the premium and downside protection on this one.

Risk Management:

Ticker: RIMM
Expiratoin: 19-Jun-09
Invest Date 09-Jun-09

Current Stock Price $82.25
Strike Price $75.00
Premium $1.90
Annual Dividend $-

Days to Expiration 10
Return (Assumes CSP) 2.53%
Annualized Return 92.47%
Downside Protection 11.12%

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