Portfolio Trade - Yahoo Buy Write
Bought Yahoo (YHOO) at 30.93
Sold 32.5 Calls July at 1.70.
Size = 1/7 of full (max) position.
Yahoo took an earnings decline based on expenses like employee options but the online advertising just keeps growing. I feel save owning this stock at these levels. Intersting story on MarketWatch.com.
Disclaimer: Nothing in this blog is meant to be specific financial advice or a recommendation to buy or sell. I do not give investment advice. Do your own research. Do not rely on anything in this weblog to make investment decisions. I do not log all my trades here. I only describe or mention those that I think might be interesting. Consult an investment professional familiar with your specific financial situation before buying or selling any security.
Sold 32.5 Calls July at 1.70.
Size = 1/7 of full (max) position.
Yahoo took an earnings decline based on expenses like employee options but the online advertising just keeps growing. I feel save owning this stock at these levels. Intersting story on MarketWatch.com.
Disclaimer: Nothing in this blog is meant to be specific financial advice or a recommendation to buy or sell. I do not give investment advice. Do your own research. Do not rely on anything in this weblog to make investment decisions. I do not log all my trades here. I only describe or mention those that I think might be interesting. Consult an investment professional familiar with your specific financial situation before buying or selling any security.
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