fuzzballl 10:38 am on Friday, January 24, 2020
Tags: ShortPuts ( 4,763 )

ISRG

#ShortPuts – Back in again…

Sold ISRG FEB 14 2020 557.5 Put @ 3.12

jsd501 11:31 am on Friday, January 24, 2020

Thanks for the idea, I followed at 3.40
- fuzzballl 11:40 am on Friday, January 24, 2020
  
  Ties up a lot of cash but for short term stuff this one seems to work pretty good. Here’s how I look at it:
  
  If I’m in the ticker half the year and make 3 grand on 50,000 it’s still a nice 12 percent annualized.
  - jsd501 12:03 pm on Friday, January 24, 2020
    
    I calculate that I get a 3.45% return for 21 days since it is in my trading account on margin, it comes out to a 60% annual return.
    - fuzzballl 12:09 pm on Friday, January 24, 2020
      
      Yep…big difference in margin account vs fully cash secured.

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