STO (2) Naked Put - LLY (ELI LILLY & CO) Aug 09 @ $32.50 for $0.80 each. Net Premium $159. I am continuing on the theme that any O’bama plan will have little affect on the drug companies. If that is true these drug companies are way undervalued compared to historic prices.
Risk Management:
Ticker: LLY
Expiratoin: 21-Aug-09
Invest Date 20-Jul-09
Current Stock Price $33.50
Strike Price $32.50
Premium $0.80
Annual Dividend $1.96
Days to Expiration 32
Return (Assumes CSP) 2.46%
Annualized Return 28.08%
Downside Protection 5.37%
Effective Dividend if Put 6.18%
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...
15 hours ago
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