#49 T AUG 16'19 34 Put Sell @0.39

Updated: 23 December, 2019 seen 23

On August 1st, 2019, I made the following put sell -  T AUG 16'19 34 Put Sell @0.39

This was already the forty-ninth (#49) put sell from my short options trader career. For now, it seems I've found my way in options trading - I'm selling puts against (high) dividend-paying stocks I already own or I would like to have.

Got for this trade a premium of $39, but I will be obligated to buy 100 shares of ET if the price will drop below $34 USD per share by AUG 16, 2019

Break-even price: $33.61

In case I will be obligated to buy this stock, I already have collected premium, and my real buying price will be $33,61 or just $3,361 for 100 shares of T