Archive for: June 2008

June 2008 turned into another profitable month for my short options to expire.  Most expired worthless and the others still gave me a profit.

These first three took some extra thought today since they did not expire worthless.

I sold three DIS …

Three weeks ago, while Mohawk Industries (MHK) was trading around 75.00 I placed a limit order to sell naked puts on it if it dipped and the options’ premiums increased.  Barron’s Lawrence Strauss had a bullish article on it earlier that week, but …

DRYS has come back up from its lows last week when I bought an extra June put to cover the July naked put.  Since the new June 70 put (DQRRN) only had 4 1/2 days left before expiration I …

Yesterday I sold three naked calls on BA @ $0.60 and by the end of the day when BA pulled back from its highs the same calls were trading at half the price as …

I sold a naked put on DRYS a few days ago while it was fallen from a limit order I placed 10 days earlier.  Since then DRYS’ fall hasn’t slowed much.  This morning, before 10:00 am, it was down another …

I run the following drill one to three weeks before options expiration when I start to wonder if my holdings are still situated in a relatively safe place.  What I find almost every time is that I’m better off than I …

Like yesterday, I don’t know what reminded me to give Burlington Northern Santa Fe Corp (BNI) another look.  I don’t see it in my notes and seem to remember coming across it on my …

I can’t remember what turned me back towards DryShips Inc (DRYS) back on Sunday, June 1st, when I entered my order to sell options on it.  They’ve been covered by Motley Fool, Barron’s and TheStreet.com among others many times.  I …

I got this idea from Jim Cramer’s Mad Money show on Friday night.  I only watched about 20 minutes of the show, which is pretty much the norm for me if I get to watch it at all.  (I skipped …