Macy Short Play – 2/3 Closed

November 12th, 2009, 4:16 pm EST.   Posted under Margin Portfolio (MP) by ThetaTrader.
Post Tags: , ,

<<Previous Trade

First Trade>>

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

11-12-2009_M_CloseHalf

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

11-12-2009_M_position

Leave a Reply