STO (2) Naked Put - DE (Deere and Co. a.k.a. John Deere Farm Equipment) Sep 09 @ $42 Strike for $1.25 each. Net Premium $249. A solid company with a history of overcoming any and all economic challenges.
Risk Management:
Ticker: DE
Expiratoin: 18-Sep-09
Invest Date 20-Aug-09
Current Stock Price $44.40
Strike Price $42.00
Premium $1.25
Annual Dividend $1.12
Days to Expiration 29
Return (Assumes CSP) 2.98%
Annualized Return 37.46%
Downside Protection 8.22%
Effective Dividend if Put 2.75%
5 days ago
Chris
ReplyDeleteWhen acquiring a stock via a Cash secured put, how often do you get asked to take the stock before the expiry date is reached?
Never.........
ReplyDelete