Roll Forward Put Sell: PEI JUL 19'19 6 Put @0.8

Updated: 4 May, 2020 seen 44

On April 17th, 2019, I made my first options roll forward and I made the following put sell - PEI JUL 19'19 6 Put @0.8

Just a couple of days ago I opened an original position Put Selling: PEI MAY 17'19 6 Put @0.25, but unfortunately, stock felt under the strike price and ... I could let it be assigned to me, but I decided to see how does roll forward works, and it works great.

PEI stock Price

PEI stock Price

First I had to sell my previous position (Loss here - $35.8) and open the new in which I collected a premium of $80. 

PEI stands for Pennsylvania Real Estate Investment Trust, I found this stock while doing a search for a high yielding stock to have in my portfolio.

PEI currently is trading at $5.66 and has a yearly dividend payout of $0.84 giving a yield of 14.80%. Dividends are paid quarterly in the following months - Mar, Jun, Sept, and Dec.

In case I will be assigned PEI stock before options expiry I will have 100 shares paying me dividends and giving a nice boost in those months. Awesome.

Got for this trade a premium of $80, the new break-even price: $5.2

Depending on how you count - I made $44 profit from this roll forward, trade or I lost $35.8 with the first trade and made a profit of $80 with the second trade) 

Count as you like, as long as it is with a positive dollar sign I like options trading.

This latest trade gives 50.76 % yield annually

In case I will be obligated to buy this stock, I already have collected premium, and my real buying price will be $5.2 or just $520 for 100 shares of PEI with an annualized dividend at $0.84  that's a very high 16.15% dividend yield.


Hi! My name is Reinis Fischer (38). Dad, husband, options traderdividend income investorcrypto hedge fund manager, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian). 

If you're looking to diversify your investment portfolio and explore the exciting world of cryptocurrency, be sure to check out my crypto hedge fund for opportunities that align with your financial goals