Hi, I'm new to this board, having bought WU at about $13. But I may be able to answer your option question.I've sold puts successfully, but a 15% annualized return (6.1% in 5 months) is not great. Considering you are missing the dividend currently yielding about 3.7%, I believe the "straight" upside of owning the stock is better than selling the puts.I normally liquidate puts when the option has paid off significantly by dropping to 5-10¢, depending on how quickly it moves. For example, being now a month later, May 2013 $13 puts now trade at 50¢, so this trade has already captured 30¢, or 37% of the possible profit. That's a one month yield of 2.4%. (Of course, the stock has risen 4.3% in that time.)Hope this helps.
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