I decided I wanted some Vodafone (VOD) shares to compliment my shares of Verizon (VZ) in my portfolio but at a cheaper price so I sold puts this morning. I Sold a Vodafone (VOD) July 21 ’12 Put at $27 for $145 before commissions. I don’t mind if these get assigned, as it will be the same as if I bought 100 shares for around $25.55/share before commissions.
To me this is a win/win. I get a stock I want at a cheaper price or I collect $145 to wait 3 months.
I also closed out the Taiwan Semiconductor (TSM) June 16 Puts for a profit of $154.
Open:
01/23/12 Sold 1 KMI June 16 ’12 $30 Put @ 2.25
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
Closed Out:
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