Selling a CSP is my version of buying these days. If I’m not assigned, I keep the $110 or so I got for the sale. If I am, I’ll actually buy the stock at the strike of 23.50 and begin selling calls until I can sell it for the PT. Not rocket science, and doesn’t always work as I desire (but what does?).
| TtP-S | As of: 09/11/15 09:01 TtP-S Alert Display Format 2 Version 2.1 | |||||||
| Moderator Message (if any): Today’s Buys & Sells. Pete A | SPY | DIA | ||||||
| Previous Close | 195.85 | 163.39 | ||||||
| Current Price | 195.36 | 163.32 | ||||||
| Day Low | 194.53 | 162.51 | ||||||
| % Chg from Prev Close | -0.67% | -0.54% | ||||||
| Buy Day! | ||||||||
| (Based on low of the day) | ||||||||
| Today’s Buys/Sells | ||||||||
| Ticker | Buy Price | Buy Date | Profit Target | Sell Price | Sell Date | Profit Percent | Annualized RoI % | Current Position |
| TRN | 23.50 | 2015-09-11 | 24.73 | – – | – – | – – | – – | Bought |