STO (3) Naked Put - VALE (VALE SA) Sep 09 @ $18 Strike for $0.54 each. Net Premium $160. This is an original trade I made on 7/31 but then exited when it spiked up. The stock is down again in sympathy with negative information out about China. I am not worried about that and I am taking this opportunity to get back into a good company.
Risk Management:
Ticker: Vale
Expiratoin: 18-Sep-09
Invest Date 17-Aug-09
Current Stock Price $19.60
Strike Price $18.00
Premium $0.54
Annual Dividend $0.48
Days to Expiration 32
Return (Assumes CSP) 3.00%
Annualized Return 34.22%
Downside Protection 10.92%
Effective Dividend if Put 2.75%
Monthly Options Expiration Results through May 17th, 2024
-
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...
11 hours ago
No comments:
Post a Comment