Macy Short Play – 2/3 Closed
November 12th, 2009, 4:16 pm EST. Posted under Margin Portfolio (MP) by ThetaTrader.
Post Tags: , CLOSED, M
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11/12/2009 - ThetaOptions Margin Portfolio – Macy’s Short Position- 2/3 Closed
After SIX weeks of waiting, our Macy’s 19 PUTs finally ran out of premium today & the “Covered Put Spread” combo order automatically executed late in the trading day.
Nov 09:
Buy To Close: (2) Covered NOV 19 Put with Stock – $19.10 debit

Note: We still have 100 shares SHORT & (-1) Nov 17.5 put sold short. Hopefully M finishes below 17.5 next week!
