Investor's Opinion

Late Portfolio Update

Published: 2011-05-03 01:42:00 EDT by Unknown

Life sometimes just gets in the way. Sometimes it is welcomed, but still a distraction. Anyway, I am back, and here is my update. My CPLP Call was executed and my shares called away. Also, my CIM Put was executed and 100 shares were put to me.

With the clearing of those transactions I have already STO one Put option against my cash to re-enter a position of CPLP. I am currently waiting to see how my two open orders against my shares of DWA and CIM work out. I hesitate to believe that I will be seeing premium for these two orders this month, but DWA is looking like something is about to happen and CIM is already climbing back up. With 18 days left, time will tell. That is my opinion, you can take it or leave it. Disclaimer: See bottom of page.

CIM - Chimera Investment Corporation
CPLP - Capital Product Partners, LP
DWA - Dreamworks Animation SKG Inc
STO - sold-to-open/sell-to-open

Labels: call options, cash-secured puts, option assignment, option picks, option strategies, put options, trade terminology in use, trading strategy

Updated: 2011-05-13 22:32:20 EDT