Calls and Puts for Income Message Board

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Strategies & Market Trends : Calls and Puts for Income

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To: Bocor who wrote (5672)	2/8/2013 11:08:58 AM
From: dealmakr	Read Replies (1) of 5891

Hi Bocor Looks like HPQ won't get above the 17 strike for today so another round for Feb next week will be written. Sold a few JE Apr 7.5 puts @ .20 today on the drop in the divy to .07 / month. Also short Feb 152.5 Spy calls as a small hedge against longs. Was exercised last week @ 151 and covered on Monday for a profit. WHZ just declared the distribution and the stock fell out of bed, may play that one again. AAPL running some after Einhorn started yapping, wish that I could get a better handle on it. Good trading in Winter Wonderland dealmakr

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