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Pfizer Inc. Message Board

  • fizrwinnr11 fizrwinnr11 Jan 1, 2013 2:54 AM Flag

    Naked put-writing portfolios being combined and upped to 250K starting valuation for 2013

    During the last hour of trading today, I invested an extra 50K as follows to bump up the total naked put portfolio to a quarter million dollars for 2013. The three new investments are as follows:

    1) With the stock at $532.32, sold 4 AAPL 350-strike naked puts expiring in Jan. 2014. The options were sold for $1,302 each or $5,200 after commissions with the required cash deposit being $19,220. If the margin-safe price of $394 holds and the options are held the 54.6 weeks to expiration, the nominal return for the 1.-05 years will be 27.0% (25.5% annualized).

    2) With the stock at $12.59, sold 150 GLW 8-strike naked puts expiring in Jan. 2014. The options were sold for about $29.50 each on average or $4,335 after commissions with the required cash deposit being $16,650. If the margin-safe price of $9 holds and the options are held the 54.6 weeks to expiration, the nominal return for the 1.05 years will be 26.0% (24.6% annualized).

    3) With the stock at $24.93, sold 50 more GE 20-strike naked puts expiring in Jan. 2014. The options were sold for $73 apiece or $3,615 after commissions with the required cash deposit being $13,800. If the margin-safe price of $22.50 holds and the options are held the 54.6 weeks to expiration, the nominal return for the 1.05 years will be 26.2% (24.8% annualized).

    Note: To the best of my knowledge, the kind of returns mentioned above are available at only one brokerage - TD Ameritrade. Other brokerages have much higher margin maintenance requirements which of course greatly reduces the returns. .

    12/31/2012 15:08:02 Sold 4 AAPL Jan 18 2014 350.0 Put @ 13.02 5,198.61
    12/31/2012 15:16:06 Sold 78 GLW Jan 18 2014 8.0 Put @ 0.3 2,249.11
    12/31/2012 15:16:06 Sold 72 GLW Jan 18 2014 8.0 Put @ 0.29 2,086.72
    12/31/2012 15:28:53 Sold 50 PFE Jan 18 2014 20.0 Put @ 0.73 3,614.56

    Sentiment: Buy

 
PFE
33.40-0.30(-0.89%)May 4 4:00 PMEDT