Today I put 3% of my portfolio in ORCL @ $21.50; I plan to add another 2% later, hopefully at a lower price.
A bunch of puts expired unexercised over the weekend;
4 $20 KCI, $2.20 premium
6 $15 JKHY, $0.65 premium
1100 $10 GTI, $1.60 premium
1 $65 PCP, $3.10 premium
for a total of $3,340 in income. I still want all these stocks, so I plan to write puts again to buy at a more desirable price. The exception is PCP; my targeted position in this stock is already partially filled, and it has increased dramatically in price since my initial purchase and I am reluctant to buy more at these prices.
