Trade - 4/27/09 - VZ

STO (3) Naked Put - VZ May 09 @ $30 for $0.75 each. Net Premium $224

Verizon has been good to me that last 6 months but I got called out of my positions about 2 months ago. Good 6% dividend so I am going to guy on weakness this morning. They came out with earnings today and they were pretty much in line with estimates. I like them long term for their safety.