http://www.forbes.com/sites/maggiem...mpaign=yahootix&partner=yahootix#1dcdc74514ea
https://www.thestreet.com/story/135...un-american-rsquo.html?puc=yahoo&cm_ven=YAHOO
http://finance.yahoo.com/news/general-mills-gis-sales-struggling-161004949.html
http://www.cnbc.com/2016/04/06/cramer-the-trick-to-buying-general-mills.html
http://finance.yahoo.com/q/ks?s=GIS+Key+Statistics
http://finance.yahoo.com/q/is?s=GIS
http://finance.yahoo.com/echarts?s=GIS+Interactive#{"range":"2y","allowChartStacking":true}
Trade:
With GIS at 62.40
Oct 45/50/75/80 Iron Condor for a net credit of $30
Yield = 30/470 = 6.38% in 150 days or 15.5% annualized.
(GIS pays a 3% dividend)
Prob= 96%/94%
Price......... Profit / Loss.......... ROM %
33.75............ (470.00)............. -93.62%
45.00............ (470.00)............. -93.62%
46.46............ (323.50)............. -68.72%
49.70................. 0.00................. 0.00%
50.00................ 30.00................ 6.38%
59.85................ 30.00................ 6.38%
73.23................ 30.00................ 6.38%
75.00................ 30.00................ 6.38%
75.30.................. 0.00................ 0.00%
80.00............. (470.00)............ -93.62%
100.00.......... (470.00)............ -93.62%
http://www.investopedia.com/articles/optioninvestor/06/ironcondor.asp
https://www.thestreet.com/story/135...un-american-rsquo.html?puc=yahoo&cm_ven=YAHOO
http://finance.yahoo.com/news/general-mills-gis-sales-struggling-161004949.html
http://www.cnbc.com/2016/04/06/cramer-the-trick-to-buying-general-mills.html
http://finance.yahoo.com/q/ks?s=GIS+Key+Statistics
http://finance.yahoo.com/q/is?s=GIS
http://finance.yahoo.com/echarts?s=GIS+Interactive#{"range":"2y","allowChartStacking":true}
Trade:
With GIS at 62.40
Oct 45/50/75/80 Iron Condor for a net credit of $30
Yield = 30/470 = 6.38% in 150 days or 15.5% annualized.
(GIS pays a 3% dividend)
Prob= 96%/94%
Price......... Profit / Loss.......... ROM %
33.75............ (470.00)............. -93.62%
45.00............ (470.00)............. -93.62%
46.46............ (323.50)............. -68.72%
49.70................. 0.00................. 0.00%
50.00................ 30.00................ 6.38%
59.85................ 30.00................ 6.38%
73.23................ 30.00................ 6.38%
75.00................ 30.00................ 6.38%
75.30.................. 0.00................ 0.00%
80.00............. (470.00)............ -93.62%
100.00.......... (470.00)............ -93.62%
http://www.investopedia.com/articles/optioninvestor/06/ironcondor.asp
Last edited: