{"id":8842,"date":"2017-10-26T14:27:08","date_gmt":"2017-10-26T18:27:08","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=8842"},"modified":"2018-06-23T10:45:43","modified_gmt":"2018-06-23T14:45:43","slug":"bathwater-trade-ge-put-sales","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/bathwater-trade-ge-put-sales\/","title":{"rendered":"&#8220;BathWater&#8221; Trade in GE (Put Sales)"},"content":{"rendered":"<p id=\"zAWHxPA\"><img decoding=\"async\" loading=\"lazy\" width=\"1233\" height=\"457\" class=\"alignnone size-full wp-image-8843 \" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f228a488275.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f228a488275.png 1233w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f228a488275-300x111.png 300w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f228a488275-768x285.png 768w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f228a488275-1024x380.png 1024w\" sizes=\"(max-width: 1233px) 100vw, 1233px\" \/><\/p>\n<p id=\"vfZsphX\"><img decoding=\"async\" loading=\"lazy\" width=\"1013\" height=\"753\" class=\"alignnone size-full wp-image-8844 \" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f228d4d974f.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f228d4d974f.png 1013w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f228d4d974f-300x223.png 300w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f228d4d974f-768x571.png 768w\" sizes=\"(max-width: 1013px) 100vw, 1013px\" \/><\/p>\n<div class=\"yt-container\"><iframe loading=\"lazy\" width=\"auto\" height=\"auto\" class=\"yt-video\" src=\"https:\/\/www.youtube.com\/embed\/GoyvH_cQkQw\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<hr \/>\n<h2>Update &#8211; 10\/27\/17<\/h2>\n<p>That did not take long&#8230; the spread value now sitting at 0.43, so time to enter second round.<br \/>\n<img decoding=\"async\" loading=\"lazy\" width=\"1017\" height=\"773\" class=\"alignnone size-full wp-image-8873 \" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f37ad48390d.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f37ad48390d.png 1017w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f37ad48390d-300x228.png 300w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/10\/img_59f37ad48390d-768x584.png 768w\" sizes=\"(max-width: 1017px) 100vw, 1017px\" \/><\/p>\n<hr \/>\n<h2>Update &#8211; December 18th, 2017<\/h2>\n<p>Long stock assigned after December options expiration. The plan now is to collect the dividend and convert the long stock into a covered strangle.<br \/>\n<img alt='' class='alignnone size-full wp-image-10200 ' src='https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/12\/img_5a37ee66d0dff.png' \/><br \/>\n<img alt='' class='alignnone size-full wp-image-10198 ' src='https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/12\/img_5a37ee40ede7d.png' \/><\/p>\n<div class=\"yt-container\"><iframe loading=\"lazy\" width=\"auto\" height=\"auto\" class=\"yt-video\" src=\"https:\/\/www.youtube.com\/embed\/hWcSZXaYba4\" frameborder=\"0\" gesture=\"media\" allow=\"encrypted-media\" allowfullscreen><\/iframe><\/div>\n<hr \/>\n<h2>Update &#8211; February 27th, 2018<\/h2>\n<p>Stock assigned, basis 17.80. <\/p>\n<p>0.12 dividend, basis down to 17.68. Current stock price 14.69. Waiting for next spike to sell calls into.<\/p>\n<hr \/>\n<h2>Update &#8211; June 23rd, 2018<\/h2>\n<p>Still taking heat. 0.12 dividend, basis down to 17.56. Still waiting for a proper spike to sell calls int. Big resistance is 15.3, above that and we should see a good move. Just got removed from the Dow.<\/p>\n<p><img alt='' class='alignnone size-full wp-image-11073 ' src='https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b2e5d139db50.png' \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Update &#8211; 10\/27\/17 That did not take long&#8230; the spread value now sitting at 0.43, so time to enter second round. Update &#8211; December 18th, 2017 Long stock assigned after December options expiration. The plan now is to collect the dividend and convert the long stock into a covered strangle. Update &#8211; February 27th, 2018 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[29,27],"tags":[],"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8842"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=8842"}],"version-history":[{"count":8,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8842\/revisions"}],"predecessor-version":[{"id":11074,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8842\/revisions\/11074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media\/8843"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=8842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=8842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=8842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}