Tuesday, August 25, 2009

New Trade - 8/25/09 - NUE

STO (2) Naked Put - NUE (Nucor) Oct 09 @ $40 Strike for $1.00 each. Net Premium $199.

Risk Management:

Ticker: NUE
Expiratoin: 16-Oct-09
Invest Date 25-Aug-09

Current Stock Price $46.50
Strike Price $40.00
Premium $1.00
Annual Dividend $1.40

Days to Expiration 52
Return (Assumes CSP) 2.50%
Annualized Return 17.55%
Downside Protection 16.13%
Effective Dividend if Put 3.59%
Posted by at
Labels:

2 comments:

  1. Malaysian PoliticsJanuary 1, 2010 at 9:40 PM

    Hi, Chris, do you mind letting me know your average winnings against the losses. Thanks, Joe at sabahjoe@yahoo.com

    ReplyDelete
  2. Chris SJanuary 2, 2010 at 1:01 AM

    Joe, last I checked at end of November I had 428 profitable trades out of 430 trades for 2009. Only two not profitable were USO and UNG. Currently in December I appear to have 1 trade under water in AEM but that trade is far from closed out at this point.

    ReplyDelete

Subscribe to: Post Comments (Atom)