http://finance.yahoo.com/news/verizon-vz-tops-q4-earnings-154203319.html
http://www.forbes.com/sites/nelsong...tix&partner=yahootix#2715e4857a0b51f76ab6f959
http://www.usatoday.com/story/tech/...scriber-growth-drives-earnings-beat/79098568/
http://www.msn.com/en-us/money/stockdetails/fi-126.1.VZ.NYS?symbol=VZ&form=PRFIEQ
http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.VZ.NYS
http://www.msn.com/en-us/money/stockdetails/analysis/fi-126.1.VZ.NYS
http://finance.yahoo.com/echarts?s=VZ+Interactive#{"range":"2y","allowChartStacking":true}
Trade:
With VZ at 45.87
July 40/35 bull put spread for a net credit of $45
Yield = 45/455 = 9.9% in 176 days or 20.5% annualized
Prob = 81%
Expectation = .81(45) - .04(455) - .15(228) = 36.4 - 18.2 - 34.2 = -16
Price.......... Profit / Loss.......... ROM %
25.00............. (455.00)............. -90.10%
30.00............. (455.00)............. -90.10%
35.00............. (455.00)............. -90.10%
38.50............. (105.30)............. -21.06%
39.55.................. 0.00................. 0.00%
40.00................. 45.00................ 9.90%
45.00................. 45.00................ 9.90%
50.00................. 45.00................ 9.90%
55.00................. 45.00................ 9.90%
140 West Street New York, NY 10007
http://www.forbes.com/sites/nelsong...tix&partner=yahootix#2715e4857a0b51f76ab6f959
http://www.usatoday.com/story/tech/...scriber-growth-drives-earnings-beat/79098568/
http://www.msn.com/en-us/money/stockdetails/fi-126.1.VZ.NYS?symbol=VZ&form=PRFIEQ
http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.VZ.NYS
http://www.msn.com/en-us/money/stockdetails/analysis/fi-126.1.VZ.NYS
http://finance.yahoo.com/echarts?s=VZ+Interactive#{"range":"2y","allowChartStacking":true}
Trade:
With VZ at 45.87
July 40/35 bull put spread for a net credit of $45
Yield = 45/455 = 9.9% in 176 days or 20.5% annualized
Prob = 81%
Expectation = .81(45) - .04(455) - .15(228) = 36.4 - 18.2 - 34.2 = -16
Price.......... Profit / Loss.......... ROM %
25.00............. (455.00)............. -90.10%
30.00............. (455.00)............. -90.10%
35.00............. (455.00)............. -90.10%
38.50............. (105.30)............. -21.06%
39.55.................. 0.00................. 0.00%
40.00................. 45.00................ 9.90%
45.00................. 45.00................ 9.90%
50.00................. 45.00................ 9.90%
55.00................. 45.00................ 9.90%
140 West Street New York, NY 10007
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