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Strategies & Market Trends : Calls and Puts for Income

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To: Robohogs who wrote (5515)10/5/2012 10:25:58 AM
From: Keith J1 Recommendation  Read Replies (1) of 5891
 
Did sell a few ZNGA Jan. $2 puts for 22 cents (already had some Dec. 2s). Cash on balance sheet is certainly supportive of holding the stock near or above 2. But still small position.

Nice move by VRNG to sell stock on the recent surge - bit surprised my 2 puts haven't decayed further.

Tempted to sell AMZN short and write covered puts - but have not done so yet.

KJ
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