Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
apologize ahead of time, i'm a noob at this.
AXP is my first options trade after joining options last month and i wrote a single Dec 18 put at $72.50. i did not write any calls.

being so new, i'm still not 100% clear on some of the terminology and meanings, but the latest alert from MFO suggested to roll the AXP puts until April. but if i do this, the cost is about $280-something. won't this negate any premium i collect if i roll? am i missing something?

i don't mind owning the AXP shares, though i'd prefer not to if i can just collect the premium. any thoughts or suggestions?
Print the post Back To Top
No. of Recommendations: 0
Hi Matthish,

You've accidentally posted this to the free AXP board.

If you are a subscriber to Options, you should re-post your question here:

http://boards.fool.com/1321/optionss-axp-axp-120210.aspx

Rich
Print the post Back To Top