My cash secured put on Dow Inc (DOW) from last Month expired today – $560.00 profit. I did another Cash Secured Put today – did not bother to roll the last trade since there was very little risk left in being assigned. Here is the new trade:
- Sold: Ten (10) Mar 21, 2025 Puts at $0.62
- Strike Price: $37.50
- *Premium Collected: $620.00
I ran the numbers, and even though Dow Inc (DOW) is paying a $0.70 dividend next week, the Cash Secured Put was still a better play than buying the stock and doing a Covered Call.
*Excludes transaction costs.
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