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jrf30

08/24/15 11:51 AM

#174 RE: bigstocksnbonds #173

Took the plunge. Sold some Sept 18th $90 puts this morning, while it was down. Thought of lowering to the $85s, but if for some reason it is still down by September I can roll them. Got more for the $90s.

Now I either own it at about $84, if it gets put to me, or I make $6 plus per share on the stock, with nothing invested in it. A way to make money off this with some limitations on my risk, as opposed to buying it at $94 today, which is where it is (was).