M

Credit Spread on M – 3.2% potential income return in 36 days

M 36 day expiry
On August 13, 2020, we sold an additional bull put credit spread on M stock with an expiry set in the next 36 days. For this trade, we get a premium of $24 (before commissions) M stands for Macy's, Inc. is an American holding company founded by Xavier Warren in 1929. Upon its establishment, Federated held ownership of the regional department store chains…

Credit Spread on M – 3.1% potential income return in 18 days

M
On August 10, 2020, we sold a bull put credit spread on M stock with an expiry set in the next 18 days. M stands for Macy's, Inc. is an American holding company founded by Xavier Warren in 1929. Upon its establishment, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's.  Here is our…