The Money Tree

Safely Generating Income in Retirement

New Trade – NITE again

Posted by mounddweller on January 19, 2010

I did a buy/write today on NITE.  Since I have recently written about NITE in other posts I won’t bore you with any details.  Here is the essential information for the trade:

Executed a buy/write on 300 shares of NITE with a net debit of $14.53.  If called away on February 20th I will have a ROIC of 3.1%.  My uncalled ROIC will be 4.47%.

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