I had a Coca Cola option expire worthless over the weekend on 05/17/14.
My last put option with KO was assigned when I got to purchase 100 shares of KO for a cost of $36.84/share that I posted about here. Since then, KO shares have risen in price to over $40/share.
The original trades:
10/08/13 Sold 1 KO May 17 ’14 $36.00 Put @ 1.77; posted here
Since KO was trading above the $36.00 on 05/17, this option expired worthless and I get to keep $177 in options premiums.
I currently have 8 open options positions and profit for 2014 of $852.
My options page has been updated accordingly.
Looks like another solid option move. I recently closed out my only 2 open puts so I have no current open positions. I’m hoping to remedy that soon or at least make some more purchases.
JC @ Passive-Income-Pursuit recently posted…Recent Option Transactions
Hi JC,
Yeah both KO puts I sold turned about well for me. I purchased 100 shares for a good price and this one I just collected premiums. I also plan to start selling more puts now that I have a little more cash available. I look forward to seeing your options trades.
Thanks for dropping by.