Option Strategies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Option Strategies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert b furman who wrote (1954)	10/25/2018 12:45:03 PM
From: robert b furman	Read Replies (1) of 2591

Second wave down on CY. Cy has gone from 18.87 to 11.75. 11.12 is the 61% retrace of the long term run from the low of 8.30 (2 /08/16) to the high of 18.87 (3/12/18). Pretty fast price destruction for a 2 year long run. CY has since become profitable and pared their losing operations - one of those babies getting thrown out with the bathwater I think. Depending on how cheap it gets , their 44 cent dividend pays out 4-5 percent. I sold some January 2020 $10.00 puts for $1.15 that will yield 4.97% IF PUT TO ME @ 8.85. In between the premium for 15 months = 10.4% for the 15 month time commitment. $1.15 premium/1.25 years = 10.395 %. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next