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Showing posts with label PEP Sept Oct Nov 2013 82.50 puts. Show all posts
Showing posts with label PEP Sept Oct Nov 2013 82.50 puts. Show all posts

Wednesday, October 16, 2013

Pepsico (PEP) Put Options

8/2/2013

sold 4 Sept 2013 $82.50 put options at $1.27


8/28/2013

rolled the Sept put options to October (same strike)
new credit =  $0.45


10/14/2013

rolled the Oct put options to November (same strike)
new credit = $0.65


10/16/2013

Pepsi reported earnings before market open.
Stock goes up, put prices go down.

Buy to close November put options at $1.55.  I wanted to remove the risk from my portfolio.

Total Net Profit:  $302.34

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