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Strategies & Market Trends : Calls and Puts for Income

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From: dealmakr 12/5/2012 12:54:35 PM
1 Recommendation  Read Replies (1) of 5891
 
Revisited Position BRCD 12/05/12

11/20/12 Sold 20 Apr 5 Put .34
12/05/12 Bot 4000 BRCD 5.46 (21840)
12/05/12 Sold 40 Jan 5.5 Call .27

Total Return P/L on closed trades 0

Long 4000 BRCD 5.46 (21840)

Stock Trading 12/05/12 5.48

Short 40 Jan 5.5 Call 1080
Short 20 Apr 5 Put 680

Net Position Exposure

Covered Calls 4000 shares
Naked Puts 2000 shares

Decided to play this one from both sides and figured to keep a tally. Last played this stock in 2011 and company to me has improved its balance sheet and prospects since then. Will look to expand from here.

Last time position score;

Message 27237560

Good Trading

dealmakr
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