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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?

To: alanrs who wrote (923)	12/26/2013 12:47:05 PM
From: alanrs	Respond to of 2591

I bought to close two QCOM Jan 2015 50 puts for 0.75, +436 in 11 weeks on the leap cd. That one keeps shrinking although they did give me three out of the four GG leap puts I was selling the other day so that adds back a little. So far I've taken $951 out of the 50k CD. I'm now potentially on the hook for 32k of stock and have $2725 in premiums for my trouble with 55 weeks to go. ARS Edit: Also placed an order to sell to open 2 CDE Feb 11 calls for 0.65, trying to get some of that stock inventory working.