selling naked puts and writing covered calls stock options blog
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 , | Leave a comment

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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Written on Nov, 26, 2014 by in , | Leave a comment

I made a mistake by not jumping back into a new Boeing (BA) naked put when my November put expired last week.  The stock moved up another $2.00+ this week and when it dipped this morning, I decided to go ahead and pull the trigger.  While BA was trading at $134.76, I sold one BA February $135 naked put for …

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Written on Nov, 21, 2014 by in , | Comments Off

I only had one option for today’s expiration and it wasn’t even close.  BA made it over $133 today and only eased off a little in the afternoon.  Still, my BA November $125 naked put wasn’t anywhere close to being assigned.  I’ll take a full profit of $339.20 and will regret not rolling it higher earlier.  At least I didn’t panic …

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Written on Nov, 13, 2014 by in , | 2 Comments.

A few days ago, I entered a limit order to close my DIS put that I sold near the bottom of the stock’s recent correction.  Within the first two minutes of trading today, my order hit and while DIS was trading at $90.34, I bought to close my one DIS December $82.50 put for $0.30 and paid $30.53 including commission. …

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Written on Oct, 29, 2014 by in , | Comments Off

As I mentioned in my update yesterday, I was under-invested and felt the need to add some more risk and upside potential to my account.  My small and mid-cap allocation in ETFs takes up roughly 27% and 24% of my account respectfully.  I have no large-cap or international ETFs in my account, but I have some large individual stocks to balance …

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