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: sm1th who wrote (2372)	5/26/2022 10:42:23 AM
From: robert b furman	Read Replies (1) of 2591

Good Morning sm1th, I'm accumulating INTC. Sold 10 May 42.50's for 60 cents. Left 50 cents on the table as I was driving form Texas to Wisconsin. Which got assigned at a net purchase price of $41.90. Dividend yield right at 3.48 % Had I made a better sell on the puts, 3.5% should be easily achieved by watching. Kept them as a tracking position but like INTC and new CEO Gelsinger. Sold some June $42.50's for $1.91 and some July 40.00's for $1.75. Hope to get the 42.50 assigned and have the 40's help pay for them. If that works out the dividend yield would get me closer to $42.50 - $3.66 (both put premiums) = net purchase price of $38.84 and a yield of $1.46 / $38.84 = 3.759%. Still getting a feel for how INTC trades but if it begins to be range bound. I sell 42.50's and do twice the puts on the 40's. Should get me close to 4.%. I would love to see INTC yield 4%. Back up the truck time then! Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next