Bought back one of my short cash-secured put options that’s nearing expiration.
$ETH, buy to close 1 Oct $29 put @ $.10 ($10)
96.15% profit
Used the available funds to sell another cash-secured put option on a stock I would like to own more of:
$ALLY, Ally Financial
Sold to open 1 Nov $37 Put @ $1.39 ($139)
27.98% annualized yield
All green ratings from Seeking Alpha, a Top Stock
Yield 3.09%
Added to:
$FCT, Added 61.797 shares @ $9.79 ($605.00)