selling naked puts and writing covered calls stock options blog
Written on Mar, 20, 2015 by in , | 2 Comments.

I only had two options left by today’s expiration and both expired worthless.  My one MDY March $165 naked put was nearly $15 out of the money by today’s close.  Knowing that it had a very small chance of being assigned, I sold a new MDY put to replace it a couple of days ago at a strike $10 higher.  I …

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Written on Mar, 19, 2015 by in , | Leave a comment

I cancelled my limit order to roll my MDY March $165 naked put before the Fed’s announcement yesterday afternoon.  I decided I would try to wait for an opportunity on an MDY dip post announcement to sell a new MDY put and possibly let the March put run until expiration for the last two and a half days of the …

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Written on Mar, 06, 2015 by in , | Leave a comment

In my month end summary that I wrote a few days ago, I said that I was going to go shopping soon for some new trades.  The one hole in my broad allocation was in international stocks, so I entered a limit order on FEZ for two naked puts.  While FEZ was trading at $38.45 this morning, I sold two …

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Written on Feb, 27, 2015 by in | Leave a comment

I had a busy day yesterday and took some time after the market closed to rethink some of my positions and planned next moves.  I stuck with my idea to give it a couple of days before adding more exposure after my flurry of trades yesterday, but came back to another idea I had been debating on TLT.  I was …

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Written on Feb, 26, 2015 by in , | Leave a comment

It’s always an interesting day when we see stocks and bonds both moving lower.  The day started off pretty boring.  Not a lot was moving and so I placed some orders and went out to run some errands.  When I got back, not much had changed, but within a couple of minutes, my orders started to hit as stocks slid. …

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Written on Feb, 24, 2015 by in , | Comments Off

BABA was one of the trades I try not to make, but talk myself into every few years.  It sounded hot and promising, but was overvalued.  It might have a fantastic future, but it still has too much unknown about it for now.  After it was accused of selling counterfeit goods through its network of sites, the stock suffered as …

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Written on Feb, 20, 2015 by in , | Comments Off

I have four different options expiring today on three separate underlying positions for another profitable options expiration.  The first two options were easy and will close out my exposure to both of the underlying stocks.  I had one BA February $135 put expire worthless and one FB February $72.50 put expire worthless.  BA traded over $158 today and FB broke …

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Written on Feb, 11, 2015 by in , | Comments Off

I had some time to look over my holdings yesterday and really think about what I wanted to do next.  I only have two February puts expiring (FB and BA) and both are far out of the money.  I also have 700 shares of TLT that I’m short with three more TLT February $130 calls I’m short and a hedge over …

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