The following puts expired worthless:
07/09/12 STO 4 INTC Jul 21 2012 25 Puts @.26 90.99
We earned $90.99 in 12 days in this trade on ~$1500 in margin maintenance. This equates to a 6% return or 184% annual. The returns are so large as there was a quarterly report issued during the time of this trade.
I didn't see an opportunity I liked to roll out and/or down for a credit so I just let them expire worthless. I will look to trade INTC again should it drop under $25.
Excellent trade
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