General Electric (GE)

[hendi_alex]

I sold 3 contracts of GE $26 puts in July for 42 cents. With yesterday's close, I'll get the shares with an effective price of $25.58. Not much of a bargain! Will likely sell calls on this batch, on the first decent price jump. Will likely buy my long term shares on top of this batch, currently have a GTC buy in at just under $25.50.