Bought Back CRS Puts
September 4th, 2009
I bought-to-close the CRS 17.50 puts I sold back in August. I wasn’t comfortable holding through expiration. I’m pretty happy with this trade – sold at .80 and bought back at .10 for a net return of 2.77% in one month. *
* Return is based on the premium I received from the sale of the options (less commissions) and the capital set aside to pay for their possible assignment.
