I’ve been trying to sell more TLT naked calls for more than a week, but my limit orders wouldn’t hit before they expired. I decided to make another run at it today while TLT was up a little for the day again. While TLT was trading at $121.21, I sold 10 TLT February $124 naked…
Month: November 2015
Sold DIS January Naked Put
One of the advantages of following just a few stocks closely is that you get to know their behavior. While I don’t claim to be able to forecast every move that DIS makes, certain set-ups do create fairly predictable price movements. I mentioned in my last update that I was waiting for DIS to drop…
Options Expiration – November 2015
It’s weird to think January options expiration is only eight weeks away. Before that, we had November’s expiration today. I came into today with four different options expiring, two on DIS, one on IWM and one on FEZ. I said I wouldn’t regret my DIS covered call two months ago at $110 if it was…
Sold TLT January Naked Calls
I’ve been waiting to sell January naked calls on TLT until after I closed out my November calls. Finally, at the opening bell, while TLT was trading at $119.48, my long-standing limit order hit and I bought to close 10 TLT November $125 naked calls for $0.10 and paid $104.22 including $4.22 in commission. I…
End of the Month Summary – October 2015
Like every bull invested in the stock market, I had a fantastic month in October. It was hard not to have a good month when stocks had their best month out of the past four years with the S&P 500 adding 8%. I was able to beat the large-cap index again in October because I am…