Sold puts on $15 TITN for Dec.
Credit $0.60
Annualized % return......... 14%
otm safety cushion...25%
BE..... $14.40
Good company going through a temporary difficult time, due to drought conditions. Company is also financially healthy.
A price of $15, with a BE of $14.40... is a very good value, with good tech support in the 19 - 20 area, and again down in the $15 area, if the 19 - 20 support breaks.
5 year chart below:
http://finance.yahoo.com/q/bc?s=TITN&t=5y&l=on&z=l&q=b&c=
Credit $0.60
Annualized % return......... 14%
otm safety cushion...25%
BE..... $14.40
Good company going through a temporary difficult time, due to drought conditions. Company is also financially healthy.
A price of $15, with a BE of $14.40... is a very good value, with good tech support in the 19 - 20 area, and again down in the $15 area, if the 19 - 20 support breaks.
5 year chart below:
http://finance.yahoo.com/q/bc?s=TITN&t=5y&l=on&z=l&q=b&c=
