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Merlinson

04/20/09 10:02 AM

#79523 RE: Sarmad #79521

Trying to sell some May 15 puts for 75 cents

My April puts expired. Good-til-canceled but price needs to get to about 15 soon for it to execute. Looks like it's not going to get there right away. Price bounced just as I put it in.
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Sarmad

04/22/09 11:32 AM

#79659 RE: Sarmad #79521

>> bought 1/2 position in INTC @ $15.52/sh. Short term.
>> added a 1/4 position in INTC @ $15.18/sh.

Sold'em just now @ $15.78.

Avg gain $0.37 / share.
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Runnig totals for option and share income generator methods:
It has been about a month for tracking these methods. INTC price at start was $15.40.

options (Andy lets them expire) $1.55. Has to hold to mid May.
Options (Elmer rolls the strike) $0.97. Has to hold to mid May.
Shares: (Sarmad short term trades) $1.88. Now at zero position.
Holding for appreciation and dividend: Approx $0.45.