Option Investor

Position Summary

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The graphic below shows the current summary of the existing positions. We have established the portfolio with the goal of staying below a $5,000 cash requirement. The addition of the MCD position put us at just about that level. Actually, the margin requirement was about $200 over that as of yesterday's close. We can look for opportunities to cover existing positions like the CHK 12.5 Puts and/or sell the Nov 30 calls. We can also look to sell the MCD 60 Calls, the MOS 45 Calls, the DIG 40 Calls, the AAPL 115 Calls, the AMED 60 Calls and the ABT 57.5 Calls to raise cash and hedge the positions of your broker takes the greater margin requirement rather than adding the margin of both.

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