November 14th COOL_Club meetup at 9 PM ET
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November 14th COOL_Club meetup at 9 PM ET OK Dudes and Dudettes (you really like that better?) Tomorrow night is COOL_Club and I have not seen any homework posts. If you have time and you have tried selling a Cash-Secured PUT on an Index ETF, it would be great if you could share your experience with the club. Our session tomorrow will be looking at Cash Secured PUTs on individual stocks rather than on Index ETFs. Feel free to submit some stock names you might like us to look at if we have time. Looking forward to getting together tomorrow, Paul Madison Paul if we have time tonight could we look at ECHO and DIS for cash secured PUT. Thank you Don Lynaugh On Tue, Nov 13, 2012 at 10:41 PM, Paul Madison <TheCOOLClubDude@gmail.com> wrote: OK Dudes and Dudettes (you really like that better?) Sold monthly (Nov 17 expiration) $78 CSP for IWM on Nov 8 for $.50 Bought same Nov 12 for $28. APR 26% From: cool_club@bivio.com [mailto:cool_club@bivio.com] On Behalf Of Paul Madison OK Dudes and Dudettes (you really like that better?) Paul Madison Yeehaw!!! Cool Dude Paul was right - SPY crept up past 136 (136.37) on Friday afternoon which netted me $209 in the Virtual Trader on my 2 CSPs that were placed on Nov. 15. I was very surprised it bounced back. Very Cool (would have been even cooler with real money :) SPY Nov 12 136 Put 3 contracts .40 premium 31% APR SPY Nov 12 135 Put 3 contracts .40 premium 31% APR Theresa |
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