Options Expiration – February 2017

I only had one option expire today. It was in my old account and worked out as I hoped it would with an assignment just in the money. I’ll be assigned my one DIS February $110 covered call and will sell my 100 shares of DIS at $110. I bought these 100 shares after being assigned a $115 naked put in January 2016 after selling the put in November 2015. This is the longest hold I’ve had on a single stock in years and I made a realized gain of $43.52 including premiums.

These shares were in my old account and once the shares are assigned this weekend, I’ll be able to close that account and turn my complete focus to my new account. That is, assuming the closing price I saw at 4:00 held and DIS didn’t settle lower after the close. I did see it was trading lower after hours, but Interactive Brokers and TD Ameritrade show the closing price at $110.06 today versus the $110.02 I saw exactly at 4:00. Sometimes prices settle lower, but I might have lucked out here.

You can see my commentary of the last couple of minutes here on YouTube.

« « Sold March IWM Naked Put - | - End of the Month Summary – February 2017 » »

* If you like this post, then consider subscribing to the Full RSS feed or email updates.

DISCLAIMER: While I am a Registered Investment Advisor Representative, the information contained within this site does not constitue personalized investment advice. This material is meant as entertainment and is only a view into how I invest my own account, but not necessarily how you should invest your own funds. Trade using your own research at your own risk. This is impersonal investment advice which means the material written here, in email exchanges, on Twitter and/or other social networking sites do not purport to meet the objectives or needs of specific individuals or accounts.

Other Popular Articles:

- How to Read an Options Table

- Determining an Exit Price for a Stock

- Understanding Downside Risks in Investing

- How Naked Put Selling Works

- 10 Tips for Keeping Emotions out of Investing

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.