Procter & Gamble’s recent weakness has provided a good opportunity to sell a naked put. I’d also love to have PG as a core holding if I can get it at the right price. I decided to close out my JNJ October put for a small profit so I could sell a PG July put without needing more cash. If PG gets assigned then I’ll own PG for a total cost of $61.08/share and a YOC of 3.68% (before fees).
03/12/12 Sold 1 AZN Oct 20 ’12 $45 Put @ 3.00
03/28/12 Sold 3 BBVA July ’21 ’12 $7 Puts @ .55
04/09/12 Sold 1 VOD July 21 ’12 $27 Put @ 1.45
01/19/12 Sold 2 TSM July 21 ’12 $15 Puts @ 1.80
04/09/12 Bought to Close 2 TSM July 21 ’12 $15 Puts @ 1.03
Profit: $154 before brokerage fees
01/03 – Sold 1 RIG $35 May 19 ’12 PUT @ 2.11
03/12 – Bought to Close 1 RIG $35 May 19 ’12 Put @ .09
Profit: $202.00 before brokerage fees
01/06 Bought 10 SLV Jan 19 ’13 $45 Calls @ 1.05
01/26 – Sold to Close 5 SLV Jan 19 ’13 $45 Calls @ 1.85
02/28 – Sold to Close 5 SLV Jan 19 ’13 $45 Calls @ 2.03
Profit: $890 before brokerage fees
Total Profit before fees: $1344
Leave a Reply