Today I closed the following transaction for a profit:
02/28/2012 STO 3 WAG Apr 21 2012 31 Puts @.59 164.71
04/02/2012 BTC 3 WAG Apr 21 2012 31 Puts @.05 -15.04
We made $151.67 in 33 days on ~$1400 in margin maintenance. This equates to a return on maintenance of 10.83% or 119.78% annual. These returns are inflated because there was an upcoming quarterly report and fear of fallout from the Express Scripts deal.
Walgreens is sort of to big a company.
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