selling naked puts and writing covered calls stock options blog
Written on Jan, 26, 2015 by in , | Leave a comment

I mentioned in my last post that I had a limit order in play for new UWM naked puts.  It took all of two and a half minutes of trading today for that order to hit.  While UWM was trading at $87.13, I sold two UWM April $75 naked puts for $2.70 each and received $539.16 after paying $0.84 in …

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Written on Jan, 23, 2015 by in , | Leave a comment

I’ve been a steady fan of Disney (DIS) for a while and would have done better over the past year by buying shares rather than selling naked puts.  However, I know that the stock will stumble along its way higher again, as it did when I was assigned a put in October 2014.  So, I decided to stick with selling options …

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Written on Jan, 11, 2015 by in , , | Leave a comment

The chart below shows the monthly prices for the past three years on the S&P 500 index ($SPX) after the index closed the week at 2,044.81 on January 9, 2015. When stocks hit a volatile period and fear starts to consume investors, charting a multi-year view of the major indexes is a great way to clear away some of the daily …

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Written on Dec, 16, 2014 by in , | 1 Comment.

I’ve been waiting for TLT to pass the $127 mark and today it reached $127.72.  I wanted the 20-year Treasury ETF to be well into the upper half of the $120s before I made this trade.  I started trading vertical call spreads on TLT more than 2 1/2 years ago and have learned to be patient and wait for the …

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Written on Dec, 05, 2014 by in , | Comments Off

In July, just before Facebook (FB) took another large step higher, I decided to cut my risk with the social media company and moved back to Apple (AAPL).  My AAPL trade worked for me, but I could’ve stuck with FB and made money also.  FB fell off my radar for a little while as I focused on other stuff and …

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