I sold 4 Dec 15 ALSK Puts today for $229 into an IRA account. The stock is a little under water but tends to move around $15. It pays a good dividend (5.87% at today’s closing price) and I can sell decent calls on it so I won’t mind if it is put to me if the price is above $14. Below that I will consider rolling it out.
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- On Vacation Nov 22 - Nov 30, 2008
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