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Pfizer Inc. Message Board

  • eureka201213 eureka201213 Mar 24, 2012 11:26 AM Flag

    Maligned banks naked put-writing portfolio update

    12/31/11 - 150,000 - ($5.56) Year-end 2011 close - adjust down to 100,000 on 3/16/12



    01/03 - 153,820 - ($5.81) 2012 valuation low
    03/16 - 194,115 - ($9.80)

    03/16 - 144,115 - ($9.80) withdraw 50,000 from portfolio

    03/21 - 146,065 - ($9.82) 2012 adjusted valuation high
    03/23 - 145,480 - ($9.85)


    Up 31.2%. 2012 portfolio gains to date based on gains of $45,480 on average daily balance of $145,835
    Up 77.3%. 2012 BAC stock gains to date

    Note: With deep-out-of-the-money writes, there are limitations as to returns even if the stock soars as has been the case so far this year. With my strategy, some possible return is traded for more safety.

 
PFE
31.97+0.61(+1.95%)Sep 2 4:00 PMEDT