I currently have a covered call position in MMM. Taking advantage of today’s market decline, I purchased 6 March put options.
Here’s a look at how I did:
|# Shares or Contracts||Purch Price||Capital Out||Sell Price||Capital In||Comm & Fees||Gain / Loss||
% Gain & Loss
|6 Mar 135 puts||3.40||2,040.00||4.10||2,460.00||0.00||420.00||20.6%|
My charts for this trade: