STO (3) Naked Put - MEE (Massey Energy) Aug 09 @ $20 for $0.65 each. Net Premium $193. I have been reluctant up to now to invest in coal but this one is a strong comapny and this trade offers alot of downside protection. China is opening 1 new coal burning plant a week and there is no end in sight for them. China gets the bulk of their coal from the good 'ol USA.
Risk Management:
Ticker: MEE
Expiratoin: 21-Aug-09
Invest Date 27-Jul-09
Current Stock Price $23.65
Strike Price $20.00
Premium $0.65
Annual Dividend $0.24
Days to Expiration 25
Return (Assumes CSP) 3.25%
Annualized Return 47.45%
Downside Protection 18.18%
Effective Dividend if Put 1.24%
Early Assignment of Covered Calls Position in Morgan Stanley
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I was notified via email early this morning by my broker (Schwab) that the
three Morgan Stanley (ticker MS) August 8th, 2025 Call options were
exercised ye...
18 hours ago
Nice play, it looks like their earnings were good and the stock should gap up tomorrow! Wish I pulled the trigger.
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