Market Curiosity: Exploring Markets And Systems

October 25, 2012

INTC – sell put due to low RSI’s.

Filed under: +Over +101%, Short Puts — Tags: — Jeff Fitzmyers @ 9:36 am

Sold Nov 22’s for $81.

In a way, this current trade, and the still open INTC – sell Sep 26 put for $50 trade is a Martingale strategy. As long as INTC doesn’t go bankrupt, the series of INTC short puts should be profitable, someday. Assuming no mistakes… Assuming no over leveraging.

+ Dividend of 4.2%.

Update April 7, 2014
I did not keep track of this position. But anyway, now that price is finally above the put strike prices, it’s profitable if one kept rolling over the puts, and or, sold calls on stock that was put to the account (while collecting up to 2 dividends of 0.225 USD/share).

INTC weekely april 7 2014

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