MSFT Covered Short Trade

MSFT Covered Short Trade Adjustment

November 19th, 2009, 2:42 pm EST.   Posted under Margin Portfolio (MP) by ThetaTrader.
Post Tags: , ,

<<Previous Trade

Next Trade>>

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

11-19-2009_MSFT_adjustment

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

11-19-2009_MSFT_position

Leave a Reply