Sun, Mar 1, 2015, 4:24 AM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Pfizer Inc. Message Board

  • fizrwinnr11 fizrwinnr11 Jul 14, 2013 2:37 PM Flag

    My naked put investment in AAPL from 1/4/13 when the stock was at $533.32

    The stock is down almost exactly 20% since that time. So how has my investment fared?

    As posted on this board in real time, my investment was to sell 4 of the 350-strike naked puts expiring in Jan. 2014. I received $1,302 apiece on sale or $5,200 after commissions. Cash margin requirements at TD Ameritrade came to $19,220 which is the amount of the investment.

    Even though the stock is down 106 points since then, support has been found on two occasions in the $390 area and bears are quickly losing hope that the stock will go below $350 by January expiration. Consequently, the options that I sold for $1,302 each can now be bought back for $735 bid. Including commissions, it would cost $2,950 to now buy back options that fetched $5,200 just over six months ago. The profit of $2,250 on a $19,220 investment amounts to 11.7%. Not a bad little return - almost 2% per month for a stock that has tumbled by 20%.

    If anyone doubts that I utilize superior methods, they just have to look at this investment. I'm up by 11.7% on my AAPL investment whereas buy-and-hold investors are losing 20%. WHAT A DIFFERENCE!

    Is it any surprise that I have the returns that I do when I can earn at the rate of almost 2% a month even when the underlying stock is tumbling by 20%?

    My amazing Eureka moment from almost two years ago has made me just about the very best percentage wealth creator in the land.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
34.32-0.27(-0.78%)Feb 27 4:01 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
TransCanada Corp.
NYSEFri, Feb 27, 2015 4:05 PM EST
Clean Energy Fuels Corp.
NASDAQFri, Feb 27, 2015 4:00 PM EST