GIS

Discussion in 'Options' started by oldnemesis, May 24, 2016.

  1. http://www.forbes.com/sites/maggiem...mpaign=yahootix&partner=yahootix#1dcdc74514ea

    https://www.thestreet.com/story/135...un-american-rsquo.html?puc=yahoo&cm_ven=YAHOO

    http://finance.yahoo.com/news/general-mills-gis-sales-struggling-161004949.html

    http://www.cnbc.com/2016/04/06/cramer-the-trick-to-buying-general-mills.html

    http://finance.yahoo.com/q/ks?s=GIS+Key+Statistics

    http://finance.yahoo.com/q/is?s=GIS

    http://finance.yahoo.com/echarts?s=GIS+Interactive#{"range":"2y","allowChartStacking":true}

    Trade:
    With GIS at 62.40
    Oct 45/50/75/80 Iron Condor for a net credit of $30
    Yield = 30/470 = 6.38% in 150 days or 15.5% annualized.
    (GIS pays a 3% dividend)
    Prob= 96%/94%

    Price......... Profit / Loss.......... ROM %
    33.75............ (470.00)............. -93.62%
    45.00............ (470.00)............. -93.62%
    46.46............ (323.50)............. -68.72%
    49.70................. 0.00................. 0.00%
    50.00................ 30.00................ 6.38%
    59.85................ 30.00................ 6.38%
    73.23................ 30.00................ 6.38%
    75.00................ 30.00................ 6.38%
    75.30.................. 0.00................ 0.00%
    80.00............. (470.00)............ -93.62%
    100.00.......... (470.00)............ -93.62%

    http://www.investopedia.com/articles/optioninvestor/06/ironcondor.asp
     
    Last edited: May 24, 2016