Retirement Income

Stocks and Options

March 3rd, 2008 at 6:17 pm

Rolled out Apr08 AMZN Puts

I BTC 2 AMZN Apr08 80 Puts and STO 2 AMZN Jul08 80 puts for a net deposit of $450.98 in an IRA account.  If put to me I would own AMZN at 67.92 after considering accumulated option premiums on this lot.  AMZN has pretty good premiums so I could get back to even and probably make additional money if it is put to me.  Or, I may just be able to continue rolling it out and make money that way.  AMZN closed today at 62.43.

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