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Smith & Wesson financial results/commentary

Reports and information on local vendors.

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High Master II
High Master II
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Joined: Sun Feb 03, 2008 1:00 am
Location: SE CT

Postby CTSixshot » Tue Jul 09, 2013 8:57 am

Got $5000 sitting around making .25% or less?

Here's an option... a cash-secured put option, no less! Smith & Wesson = SWHC ($10.41 per share, as of now).

Sell 5 SWHC $10 puts for $0.25 Premium received about $105 (~2.2% relative to $5000 cash balance).

By August 19th, you'll either own up to 500 shares of SWHC at an adjusted price of roughly $9.84 per share or you'll have the $5000 plus premium of ~$105 sitting in your account with no further obligation.

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