IRBT

[oldnemesis]

http://finance.yahoo.com/news/irobot-irbt-q1-earnings-top-153903072.html

http://finance.yahoo.com/q/ks?s=IRBT+Key+Statistics

http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.IRBT.NAS

http://finance.yahoo.com/echarts?s=IRBT+Interactive#{"range":"2y","allowChartStacking":true}

Trade:
With IBT at 37.39
Jan '17 25/20 bull put spread for a net credit of $45
Yield = 45/455 = 9.9% in 268 days or 13.5% annualized
Prob = 81%
Expectation = .81(45) - .07(455) - .12(228) = 36.45 - 31.85 - 27.36 = -22.8

Price......... Profit / Loss....... ROM %
15.00............ (455.00)........... -90.10%
20.00............ (455.00)........... -90.10%
21.09............ (345.90)........... -69.18%
24.55................. 0.00............... 0.00%
25.00............... 45.00............... 9.90%
27.50............... 45.00............... 9.90%
30.00............... 45.00............... 9.90%
40.33............... 45.00............... 9.90%
46.74............... 45.00............... 9.90%

Scares the crap out of my cat.

 

[Nobert]

Ladies and Gentlemens,

please tighten up the seats and safety belts,

this thing is about to fly to the moon.

 

[Nobert]

Ladies and Gentlemens,

please tighten up the seats and safety belts,

this thing is about to fly to the moon.

View attachment 214570

20% up...

Disclaimer, it isn't options, but it was and still is, long position in stocks.

Actual gain 7.3% per two weeks, since i had no funds to enter, at the right time.

 

[Nobert]

Ladies and Gentlemens,

please tighten up the seats and safety belts,

this thing is about to fly to the moon.

View attachment 214570

Ok. Landing complete.

It was my third real trade 13 months ago. And i was out once covi fall begun with 5% loss, since all of my saving was in it ( yeah, i know...).
Just feels good to be right long term.

Told myself at covi lows, that it was a great buy at $35~.

Hmnn, anyway, lucky to have this experience/to witness it.