A new 100% Cash-Secured Put was sold in Boeing Company (ticker symbol BA) at the March 18th, 2022 $180.00 strike price at $5.20 per share. The stock price was at $188.80 when this transaction occurred.
The probability of the option expiring worthless on the March 18th expiration date was approximately 68% when this position was established and the Implied Volatility of this Put option was 48.6.
Some key numbers for this Boeing Cash-Secured Put position are:
Cash-Secured Put Cost Basis: $17,480.67
Profit if Stock Price Above $180 Strike Price on March 18th, 2022 Expiration Date: $519.33
Days Until Expiration: 23
Absolute Return-on-Investment: +2.97%
Annualized Return-on-Investment: +47.1%
Regards and Godspeed,
Jeff Partlow (The Covered Calls Advisor)
partlow@cox.net
