| four 5,087 posts
 msg #142286
 - Ignore four
 modified
 | 2/16/2018 1:50:16 PM 
 --Scenario--
 
 SOLD: HES, Feb 16, 18 - $47.50, Cash-Secured-Put @ .28  :: Currently trades @ 1.75
 HES stock currently @ $45.76
 
 ----
 
 Option 1:
 What happens if I buy HES stock  today @ 45.76 and the stock is BELOW 47.50 at expiration
 
 Option 2:
 What happens if I buy HES stock today @ 45.76 and the stock is ABOVE 47.50 at expiration
 
 Option 3:
 What happens if stock is BELOW 47.50 at expiration
 
 Option 4:
 What happens if stock is ABOVE 47.50 at expiration
 
 Option 5: Close Put now. I know that this option will be a loss. 2 commissions and difference between sell and buy back of option (.28 - 1.75 - 2 commissions)
 
 Option 6A and 6B:
 What if I am short Above or Below the $47.50 Put
 
 
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| mahkoh 1,065 posts
 msg #142293
 - Ignore mahkoh
 | 2/16/2018 3:56:02 PM 
 If you don't close out the trade and the stock stays below 47.50 you become the proud owner of 100 extra HES stock on Monday.
 
 
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| four 5,087 posts
 msg #142417
 - Ignore four
 | 2/23/2018 8:57:40 AM 
 Now I own HES and now for covered calls
 
 
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