08-27-2014, 05:38 AM
I'm going after DE on my taxable account using put options strategy.
I currently have a short 19/09/2014 put at strike 85.
If this will get assigned than I'll own 100 shares for effective price (after commissions) of $81.25.
If this won't get assigned than I earned $375 (after commissions) on DE between 16/07/2014 and 19/09/2014 without even buying it.
When I started to sell puts on it it was traded for ~89 which means I will have 4.2% in 2 months.
I currently have a short 19/09/2014 put at strike 85.
If this will get assigned than I'll own 100 shares for effective price (after commissions) of $81.25.
If this won't get assigned than I earned $375 (after commissions) on DE between 16/07/2014 and 19/09/2014 without even buying it.
When I started to sell puts on it it was traded for ~89 which means I will have 4.2% in 2 months.