Investor's Opinion
Portfolio Update
Published: 2011-02-22 17:53:00 EST by Unknown
I STO the $10 Call option against my shares of CPLP because I did not believe it would stay above the $10 strike price through option expiration. This was a successful analysis as it expired worthless, leaving me with the premium in my account. My opinion of this stock has not changed, so I have STO another $10 Call option against my CPLP shares with the expiration date of March 19, 2011.
The $30 Put option I STO was executed against my cash, so I am currently the owner of 100 shares of DWA. For this reason I set an order to STO a $30 Call option against these shares, unfortunately the stock value has decreased as well as the limit I set to STO the order. Currently the order remains open in wait for the stock price, and option price, to recover. I believe this should occur within the next two weeks. If not, I will STO the next available $30 Call option, for April 2011. That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com/
CPLP - Capital Product Partners, LP
DWA - Dreamworks Animation SKG, Inc.
STO - sold-to-open / sell-to-open
Labels: call options, cash-secured puts, put options, trade terminology in use, trading strategyUpdated: 2011-02-22 17:53:12 EST
Current Related Posts
2015-08-15 17:09:00 EDT — July and August Quietness (stock picks, stock strategies, trade terminology in use, trading strategy)
2015-07-01 12:52:00 EDT — June Purchase (stock picks, stock strategies, trading terminology in use)
2015-05-24 15:08:00 EDT — My May Purchases (stock picks, stock strategies)
2015-03-11 18:24:00 EDT — Why am I still buying ETP? (dividend, dividend income strategy, income)
2015-03-01 00:19:00 EST — I added to ETP, and the price dropped; am I missing something? (dividend, dividend yield, dividends)
2015-01-31 15:22:00 EST — First Portfolio Update of 2015 (dividend, dividends)
2014-09-04 12:49:00 EDT — Portfolio Update: Added to a position
2014-07-26 11:52:00 EDT — Portfolio Update: Back in the Game (dividends)
2013-10-25 00:18:00 EDT — Portfolio Update: Change of Situation Resulting in a Change of Plans
2013-08-13 01:08:00 EDT — Portfolio Update: Added to an Existing Position (52-week high, stock picks, stock strategies, trade terminology in use)