MDT: http://finance.yahoo.com/news/medtronic-balanced-q2-growth-covidien-213009491.html http://www.tickerreport.com/banking...signs-a-credit-rating-to-medtronic-plc-mdt-2/ http://www.thestreet.com/story/1338...-on-earnings-beat.html?puc=yahoo&cm_ven=YAHOO http://www.thestreet.com/story/1302...dling-shareholders-with-a-hefty-tax-bill.html http://finance.yahoo.com/q/ks?s=MDT+Key+Statistics http://stockcharts.com/h-sc/ui?s=mdt Trade: with MDT at 78.08 May 65/60 bull put spread for a net credit of $32 Yield = 32/468 = 6.8% in 163 days or 15.3% annualized Prob = 94% Expectation = .94(32) - .02(468) - .04(234) = 30.1 - 9.4 - 9.4 = 11.3 Price.............. Profit / Loss......... ROM % 45.00................. (468.00)............ -93.20% 55.00................. (468.00)............ -93.20% 60.00................. (468.00)............ -93.20% 64.68...................... 0.00................ 0.00% 65.00.................... 32.00................ 6.80% 70.00.................... 32.00................ 6.80% 75.00.................... 32.00................ 6.80% 80.00.................... 32.00................ 6.80% 90.00.................... 32.00................ 6.80%