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Monday, November 4, 2013

Established Three New Positions

Today, three new Dec2013 positions were established by the Covered Calls Advisor as follows:

1. Citigroup Inc. (Ticker Symbol C)
11/01/2013 Bought 400 Citigroup Inc. Shares at $48.72
11/04/2013 Sold 4 Citi Dec2013 $48.00 Call Options at $1.92
Note: the price of Citi was $48.92 when these call options were sold

2. iPath S&P500 VIX Short-Term Futures ETN (VXX) 100% Cash-Secured Put Options
11/04/2013 Sold 7 Dec2013 $14.00 VXX 100% Cash-Secured Put Options @ $1.87
Note: the price of VXX was $12.77 when these options were sold.

3. Noble Corp. (Ticker Symbol NE)
11/04/2013 Sold 3 Dec2013 $37.00 Noble Corp 100% Cash-Secured Put Options @ $1.24
Note: the price of NE was $37.32 when these options were sold