MSFT Covered Short Trade Adjustment
November 19th, 2009, 2:42 pm EST. Posted under Margin Portfolio (MP) by ThetaTrader.
Post Tags: , CLOSED, MSFT
11/17/2009 – ThetaOptions Margin Portfolio – MSFT Covered Short Position Adjustment
With only (1) day left before OpEx, we decided to sell ONE last put against our short shares.
Nov09:
Sell to Open: (1) NOV 30 Put Strike – $0.30 credit

Note: Our cost basis is $29.80 after we bought back the $29 short put for 0.05
