http://finance.yahoo.com/news/add-pulte-phm-stock-portfolio-202008929.html
http://www.msn.com/en-us/money/tops...arnings-and-sales-home-closings-up/ar-BBoPdhi
http://finance.yahoo.com/q/is?s=PHM&annual
http://finance.yahoo.com/q/is?s=PHM
http://finance.yahoo.com/q/ks?s=PHM+Key+Statistics
http://stockcharts.com/h-sc/ui?s=phm
http://finance.yahoo.com/echarts?s=PHM+Interactive#{"range":"2y","allowChartStacking":true}
Trade:
With PHM at 16.53
Jul 14/10 bull put spread for a net credit of $40
Yield = 40/360 = 11.1% in 161 days or 25.2% annualized
Prob = 70%
Expectation = .7(40) - .03(360) - .27(180) = 28 - 10.8 - 48.6 = -59
Price............ Profit / Loss......... ROM %
7.50................ (360.00)............. -88.90%
9.00................ (360.00)............. -88.90%
10.00.............. (357.40)............. -88.95%
12.69................ (91.50)............ -22.88%
13.60................... 0.00................ 0.00%
14.00................. 40.00............... 11.10%
15.00................. 40.00............... 11.10%
18.00................. 40.00............... 11.10%
20.00................. 40.00............... 11.10%
http://www.msn.com/en-us/money/tops...arnings-and-sales-home-closings-up/ar-BBoPdhi
http://finance.yahoo.com/q/is?s=PHM&annual
http://finance.yahoo.com/q/is?s=PHM
http://finance.yahoo.com/q/ks?s=PHM+Key+Statistics
http://stockcharts.com/h-sc/ui?s=phm
http://finance.yahoo.com/echarts?s=PHM+Interactive#{"range":"2y","allowChartStacking":true}
Trade:
With PHM at 16.53
Jul 14/10 bull put spread for a net credit of $40
Yield = 40/360 = 11.1% in 161 days or 25.2% annualized
Prob = 70%
Expectation = .7(40) - .03(360) - .27(180) = 28 - 10.8 - 48.6 = -59
Price............ Profit / Loss......... ROM %
7.50................ (360.00)............. -88.90%
9.00................ (360.00)............. -88.90%
10.00.............. (357.40)............. -88.95%
12.69................ (91.50)............ -22.88%
13.60................... 0.00................ 0.00%
14.00................. 40.00............... 11.10%
15.00................. 40.00............... 11.10%
18.00................. 40.00............... 11.10%
20.00................. 40.00............... 11.10%
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