Follow me on Twitter!

Showing posts with label KO June 8 2018 $41 put. Show all posts
Showing posts with label KO June 8 2018 $41 put. Show all posts

Monday, May 21, 2018

Coca Cola (KO) Put Options

Thu. 5/3/2018 (11:23:32 am, PT)

sold -1 June 8, 2018  $41 put at $0.46

  • stochastics: oversold
  • probability ITM at expiration:  36%
  • max profit:  $0.46 x 1 x 100 = $46
  • days 'til expiration:  36


Mon. 5/21/2018 (12:44:22 pm, PT)

buy back put at $0.10

PROFIT:  $36

Comments:

I initially intended to take assignment at $41 on June 8.  However, 18 days later, I was able to buy back my put at only 10 cents and close my trade for a profit, so that's what I did.


Image result for coke polar bear