Comments on: Sold Allstate (ALL) Naked Puts http://mytradersjournal.com/stock-options/2009/06/12/sold-allstate-all-naked-puts/ Investing in Stocks Through Options Tue, 16 Mar 2010 09:25:23 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: Alex Fotopoulos http://mytradersjournal.com/stock-options/2009/06/12/sold-allstate-all-naked-puts/comment-page-1/#comment-6033 Alex Fotopoulos Sat, 13 Jun 2009 12:39:03 +0000 http://mytradersjournal.com/stock-options/?p=2631#comment-6033 Thanks for sharing Ronan - I just checked AEM - It's getting close to its 50 day sma, that could be a new good entry point too. TSM just broke through its 50 day so I'm waiting to see what happens now, although the $10 support line broke, it closed above it. That's good. I haven't followed ISRG in the past. That's an interesting chart I'll have to start watching now. Anyone else who wants to share some recent trades or stock picks, please do. Thanks for sharing Ronan – I just checked AEM – It’s getting close to its 50 day sma, that could be a new good entry point too. TSM just broke through its 50 day so I’m waiting to see what happens now, although the $10 support line broke, it closed above it. That’s good. I haven’t followed ISRG in the past. That’s an interesting chart I’ll have to start watching now.

Anyone else who wants to share some recent trades or stock picks, please do.

]]> By: Ronan http://mytradersjournal.com/stock-options/2009/06/12/sold-allstate-all-naked-puts/comment-page-1/#comment-6031 Ronan Fri, 12 Jun 2009 18:05:35 +0000 http://mytradersjournal.com/stock-options/?p=2631#comment-6031 Hi, Yeah, ALL is a company that I've been selling naked puts on for the past couple of months. The latest are June 22 Puts for which I took in $109 each. Obviously, I expect them to close out of the money. I bought back my NDAQ 17.50 Puts last week which will turn out to be a mistake - but there's no harm in locking in a profit. I've had a look at the July Puts but the premiums are just a little lower than I'd like so I'm waiting to see if the stock price pulls back a bit. Two other companies I'm keeping a close eye on are AEM (if this pulls back close to the $50 mark, I'll probably sell some July 45 Naked Puts) and TSM (I'm very close to 'pulling the trigger' and selling some July 10 Naked Puts at $0.80) I previously held some AEM shares and sold at $54 to buy some ISRG (this turned out to be a good move because I'm up almost 80%). I'd now like to add some exposure to gold to my portfolio and would do so if AEM pulls back enough to give me a couple of dollars premium for the July 45 Puts. Hi,

Yeah, ALL is a company that I’ve been selling naked puts on for the past couple of months. The latest are June 22 Puts for which I took in $109 each. Obviously, I expect them to close out of the money. I bought back my NDAQ 17.50 Puts last week which will turn out to be a mistake – but there’s no harm in locking in a profit. I’ve had a look at the July Puts but the premiums are just a little lower than I’d like so I’m waiting to see if the stock price pulls back a bit.

Two other companies I’m keeping a close eye on are AEM (if this pulls back close to the $50 mark, I’ll probably sell some July 45 Naked Puts) and TSM (I’m very close to ‘pulling the trigger’ and selling some July 10 Naked Puts at $0.80)

I previously held some AEM shares and sold at $54 to buy some ISRG (this turned out to be a good move because I’m up almost 80%). I’d now like to add some exposure to gold to my portfolio and would do so if AEM pulls back enough to give me a couple of dollars premium for the July 45 Puts.

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