Silicon Investor (SI) -- The First Internet Community

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 : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?

To: dealmakr who wrote (5841)	11/22/2013 4:21:14 PM
From: dealmakr	Read Replies (1) \| Respond to of 5891

Updated Position POT 11/22/13 Decided to open the 11/22 32.5 puts establishing a straddle for that date. If the puts are exercised it will put the stock back to me at the original entry price on the trade. Was exercised @ 32.50 and tried to adjust the position a bit, but not too happy with the close this week. The short 32.50 puts for 11/29 will bear watching for maybe the opportunity to roll down and out. The upside calls sold @ 33 & 34 were just to give a bit of leeway if the stock sold down which it did from last weeks close. Next dividend has been declared @ .35 with the ex date of 01/14/14. 10/04/13 Bot 2000 POT 32.52 (65040)* 10/04/13 Sold 20 10/11/13 32.5 Call .56* 10/10/13 Sold 20 Oct 32 Call .58* 10/18/13 Sold 20 10/25/13 32 Call .57* 10/24/13 Sold 20 11/08/13 32.5 Call .07* 10/24/13 Sold 20 Dec 32 Call .61 10/31/13 Sold 20 11/22/13 32.5 Call .19* 11/04/13 Sold 20 11/08/13 32 Put .32* 11/11/13 Sold 20 11/22/13 32.5 Put .32* 11/19/13 Sold 20 11/29/13 32.5 Put .39 11/19/13 Sold 10 12/06/13 34 Call .21 11/20/13 Sold 10 12/06 33 Call .23 Closed trades Profit/Loss 10/10/13 Dividend .35 on 2000 shares 700 10/10/13 Bot close 20 10/11/13 32.5 call .09 940 10/18/13 Bot close 20 Oct 32 Call .18 800 10/25/13 Expired 20 10/25/13 32 Call 1140 11/08/13 Expired 20 11/08/13 32 Put 640 11/08/13 Exercised 20 11/08/13 32.5 Call 140 11/08/13 Sold 2000 POT 32.5 (65000) (40) 11/22/13 Expired 20 11/22/13 32.5 Call 380 11/22/13 Exercised 20 11/22/13 32.5 Put 640 11/22/13 Bot 2000 POT 32.5 (65000) Total return on closed trades 5340 Short 20 11/29/13 32.5 Put 780 Short 10 12/06/13 33 Call 230 Short 10 12/06/13 34 Call 210 Short 20 Dec 32 Call .61 1220 Stock Closed 11/22/13 31.30 Good Trading dealmakr