#PieTrades with the LMT ex div approaching in a few weeks, I’m adapting the Pie Trades for assignment. Rather than sell puts, I’m selling 1×2 put ratios just to get a tad more downside. This week’s trade covered today for 78% profit. Opened a new one for next week (May11): +1 307.5 put, -2 305 put for net cr 2.06, BE is $300.44.
Options Bistro 