Wednesday, October 27, 2010

Intel Options - Nov 10 - 2

As Intel returned to $20, Sold the $20 1120 puts for $.50 cents to achieve the "realistic case" as planned.

The return on this transaction was 1.65% in about 2 weeks or over 40% annualized.

Based on Intel price action the next step is to either replace the short-put position for $20 or $19 to utilize the last 1/5 position of the risk capital assigned to the position and/or to consider some covered call positions,

No comments:

Post a Comment