Wednesday, October 02, 2013

Buy KORS (sell puts)

Buy KORS via selling Nov 57.5 puts
 
This is after November earnings for luxury goods company Michael Kors, so there is added premium and added risk. I compensate, by going further out of the money.

Long AMGN APC BA BRKB GDX IWM KORS LGF NKE XRT
Net long GLD SPY
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