Trying to add to my Gilead Sciences (GILD) holdings by selling three (3) September 2016 Put Contracts (78 Strike). These options expire on September 30, 2016.
*Premium Collected: $630.00
By doing this trade – if I get put the additional 300 shares in Gilead, I will then have a total of 1000 shares. If I don’t get put the shares – I will still keep the $630.00.
| Ticker | Current Price | Fair Value | Margin of Safety | Yield % |
| GILD | $78.07 | 124 | $45.93 | 2.21% |
*Excludes transaction costs.
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