Welcome to the page that discusses Put Options

I want to start this blog by telling you that I have no 1-800 number, I am not trying to sell you any newsletter with the next great stock idea. I am not inviting you to come to my house and view a cleaning agent. I will not try to sell you plastic bowls or any other ‘can’t miss’ ideas. I do not have any life changing secrets and I cannot promise you a flat stomach.



I am going to share with you my daily option moves and the reasons behind them. My way of trading options are of course not the only way to utilize Put Options. This is a way that I have found to be simple and easy and not as complicated as some make this business. My hope is that you can develop a steady stream of income and continue to enjoy your life.











Monday, October 25, 2010

Some mid- day GOOG puts

I had some money sitting on the side-lines and made an unusual move for my style. I sold 2 puts for GOOG for the Jan 2011 520 strike. This gives me around 98 points of cushion. The return was $1,053. It takes 11,522 maintenance. So this is a return of (1053 div by 11522) = 9.14% return. If held until maturity that is a little better than 3% per month. If you have followed my trading you know that I have a hard time sitting on my hands for nearly 3 months, but I will give it a good try as 3% a month are my long term goals. GOOG with its Android interest should have a long run before much profit taking.

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