A week ago, TLT was trading $5 higher and I sold my second leg of 10 TLT September naked calls. This morning, while TLT was trading at $122.53, I bought to close those 10 TLT September $132 naked calls for $0.11 each and paid $114.23 including $4.23 in commission. Since I received $1,145.73 last week, I…
Month: August 2015
Sold More TLT September Naked Calls
I’m already short 10 TLT September $124 calls that are in the money, but when I saw TLT trade into the upper $128s, I figured the timing was right to add to my short position. I’m not aggressive enough to add to the same strike, but figured more naked calls out of the money could…
Options Expiration – August 2015
I’m really shocked that I haven’t made a trade since July options expiration. That was just over a month ago and is the longest I’ve gone without making a trade in this account since I started blogging in April 2007. The main reason for my lack of trading was that I couldn’t find something I…
End of the Month Summary – July 2015
July was a slow trading month for me, but my account gained ground and I’m ahead of all major indexes for the past year and the year-to-date (double the Dow for the past 12 months). The S&P 500 had a better month than the other indexes, so I was happy to see my results closer…