Simply Puts

This past week was options expiration and only the third or fourth time this year I was assigned a short put option. I had ample time prior to expiration to close (buy back) the position at a profit, but elected to be put the shares and initiate a position in the stock (General Maritime) [...]

Once again taking advantage of increased market turbulence and volatility, I initiated two more short put option positions this past week. And, as is also usually the case, both are positions in high-quality companies with long histories of dividend growth.
Diebold (DBD: 31.41 +1.00%, yld: 3.38%) – On 11/2/09 I sold some May 25-strike put [...]