Seeking Alpha
  • Ocean Man
    Sold to open July $60 puts on $LULU for $0.75 with stock at $66.88. In under $60, or collect the premium, sounds good.
    6/12/13
    Reply (6)
    • wigit5: Good trade thinking of doing something similar.
      6/12/13
    • Ocean Man: Even better now, it dropped another 50 cents right after I did that.
      6/12/13
    • Clayton Rulli: can get the 55 stike for .52 now
      6/12/13
    • Clayton Rulli: actually, selling a bull put spread, STO July 60 for 1.60 vs BTO July 55 for .52 is decent trade... 1.00 profit potential versus 2.90 risk?
      6/12/13
    • adawg304: isn't it a $3.90 risk?
      6/12/13
    • Clayton Rulli: ya your right 3.90
      6/12/13