Short Put - INTC
Updated
Cash flow play here.
Sold
INTC $34 put for $.56, 1.46 return on capital over the next 25 days. I'll look to rinse and repeat until assigned and then sell calls again.
Breakeven is $34 - .56, or $33.44.
Sold
INTC $34 put for $.56, 1.46 return on capital over the next 25 days. I'll look to rinse and repeat until assigned and then sell calls again.Breakeven is $34 - .56, or $33.44.
Trade closed: target reached
Covered this put @ $.21 db this morning, 63% of profit locked in.
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