STO (2) Naked Put - TK (TEEKAY CORP) Sep 09 @ $17.50 Strike for $0.90 each. Net Premium $179. I currently hold the Aug 15 NPs that will expire this Friday so I am upping my strike point for more premium for the Sept strike. A good niche shipping company with a good dividend. This will be the 3rd month in a row that I have been writing Puts on it.
Risk Management:
Ticker: TK
Expiratoin: 18-Sep-09
Invest Date 19-Aug-09
Current Stock Price $17.90
Strike Price $17.50
Premium $0.90
Annual Dividend $1.27
Days to Expiration 30
Return (Assumes CSP) 5.14%
Annualized Return 62.57%
Downside Protection 7.26%
Effective Dividend if Put 7.62%
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...
8 hours ago
No comments:
Post a Comment