I’ve been wanting to buy some KO for a while. Instead of buying shares at the current prices I decided to sell a put today on share weakness after their earnings.
I sold 1 KO Aug 17 ’13 $37.50 Put @ 1.71
If I don’t close out the position early then I will either get to keep the $171 or I will be put 100 shares at a cost of $35.79/share.
This trade has been updated on my Options Tab.