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Sold 1 TSN Oct16 (monthly) 56 put for 0.34 credit

We sold a put against TSN stock (Tyson Foods) and collected $34 Credit. We plan on holding the put until expiration and generate income. If the put expires worthless, we will sell a new one next month, if the put gets in the money, we will attempt rolling it for credit. If it gets assigned, we will buy 100 shares and start selling covered calls.
 

TSN @ 60.22
 


 

The post Sold 1 TSN Oct16 (monthly) 56 put for 0.34 credit first appeared on Hello Suckers ....



This post first appeared on Investing Into Stocks - Hello Suckers!, please read the originial post: here

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Sold 1 TSN Oct16 (monthly) 56 put for 0.34 credit

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