Groupon Inc. (GRPN): That's a solid way to take a position wi...

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Re: chilar4567 post# 3332

Tuesday, 08/04/2015 7:14:37 AM

Tuesday, August 04, 2015 7:14:37 AM

That's a solid way to take a position with a cost average around 4.60 by selling the $5 put. The only problem is if this thing shoots up you will only collect a premium, which is still good.

I usually write covered calls on stocks I own after they've run up bit, and write puts on safe dividend stocks.

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