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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 687.72+0.7%Jan 5 4:00 PM EST

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To: GROUND ZERO™ who wrote (112262)10/10/2018 10:26:58 PM
From: robert b furman  Read Replies (1) of 221329
 
Sounds like fun.

I sold some puts today that would assign me some shares of CY at $10.95 in January 2020. I sold my previous position of CY last March for $18.08.

Never thought I'd get a chance to lower my cost basis on CY - might still not. But if I don't I get to keep $5900.00. Put premiums spiked so high today all of my stink bids finally got filled.

If I do get them assigned I'll be earning a 4 % plus dividend yield - at least I'll be getting paid for waiting.

Bob
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