NOVN: bought today

My order to by Novartis (NOVN) was executed at CHF 91.25

NOVN: buy order

I have placed a limit order to buy Novartis (NOVN) at CHF 92.65, which was yesterday's closing price.

My watchlist

After Switzerland's central bank stopped supporting the Euro yesterday and the Swiss market dropped sharply, I put five securities on my watchlist:

Barry Callebaut (SIX:BARN)
Geberit (SIX:GEBN)
Nestle (SIX:NESN)
Novartis (SIX:NOVN)
Ishares SMI (SIX:CSSMI)

Novartis produces H1N1 flu vaccine

The stock price is rising today following the announcement that Novartis produces a first batch of a vaccine for the H1N1 flu, known as swine flu, for clinical trials. Novartis hopes to have the vaccine approved for sale by the end of the year.

Novartis pays dividend

Novartis (NOVN) paid a dividend of CHF 1.60 per share today.

Bought Novartis

The Novartis (NOVN) put got exercised, which means that I bought the stock at CHF 65.00

Novartis put expired

The naked put on Novartis (NOVN) 65/DEC expired today.

Short sold put option Novartis

Looking at the chart of Novartis I think I’d like to own some shares of it, but only if I can buy them a little lower than the current price. Instead of placing a limit buy order at CHF 65, I sell short a put option, strike 65, term December 2007.

This put option gets executed at CHF 2.14 per share.