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

To: alanrs who wrote (1757)	8/30/2016 11:55:29 AM
From: robert b furman	Read Replies (1) \| Respond to of 2591

HI al, Here's a trade I've put a sell to open on: TIS - Orchids tissue paper trading at 27.87 Sell mar 2017 $25.00 put for $1.70 net purchase price = $23.30 dividend of $1.40 / 23.30 = 6.01% current bid ask is $1.10 - %1.50 - so it needs to decline some more - but hey I'm watching. Bob Every body needs toilet paper right?

To: alanrs who wrote (1757)	8/30/2016 10:33:29 PM
From: Jim P.	Read Replies (2) \| Respond to of 2591

Bought POT Potash today at $17.82 and sold Sept $18 calls at $0.55. Company has confirmed they are in talks with AGU about a potential merger of equals. The stock is not above it's recent range enough to have broken trend so I think the downside is limited while upside on potential merger remains. The 55 cents for 2 1/2 weeks is 3% of my purchase price. I like the risk level. I will keep selling calls until I lose the stock and then decide if I should sell puts. I play with POT every few years it seems. It has been in a down trend for a few years. bloomberg.com Jim