Okay, I have been out of the loop now for a couple of months. I have had to travel to places that don't have high speed internet but I have all that fixed now with my new DROID! I will pick back up my blog postings in the new year however they may not all be real time as before. I will try to post them all as close to real time as possible but if I am on the road trading from my Smart Phone then I will have to wait until that evening for posting. Anyhow, here was a trade for today:
Investment Return / Protection For Naked Puts
Ticker: PFE
Expiratoin: 2/19/10
Invest Date 12/30/09
Current Stock Price $18.43
Strike Price $18.00
Premium $0.63
Annual Dividend $0.72
Days to Expiration 51
Return (Assumes CSP) 3.50%
Annualized Return 25.05%
Downside Protection 5.75%
Effective Dividend if Put 4.15%
5 days ago
