A new 100% Cash-Secured Put was sold in Boeing Company (ticker symbol BA) at the May 6th, 2022 $170.00 strike price at $4.20 per share. The stock price was at $176.71 when this transaction occurred.
The probability of the option expiring worthless on the May 6th expiration date was approximately 66.9% when this position was established and the Implied Volatility of this Put option was 49.8.
Some key numbers for this Boeing Cash-Secured Put position are:
Cash-Secured Put Cost Basis: $16,580.67
Profit if Stock Price Above $170 Strike Price on May 6th, 2022 Expiration Date: $419.33
Days Until Expiration: 15
Absolute Return-on-Investment: +2.53%
Annualized Return-on-Investment: +61.5%
Jeff Partlow (The Covered Calls Advisor)
partlow@cox.net
