While UWM was trading at $109.90, I sold one UWM July $100 naked put for $4.30 and received $429.75 after paying $0.25 in commission. I just realized I didn’t address in the video why I sold the July expiration. The nearer-term expirations didn’t offer enough of a premium to make it worth the trade and…
Month: April 2017
SPY Chart – April 7, 2017
The chart below shows the daily prices for the past six months on SPY, the SPDR ETF that tracks the S&P 500 Index, after closing the week at $235.20, on April 7, 2017. The S&P 500 has edged lower since peaking at the beginning of March, but the chart shows it hasn’t rolled over yet. The two trend lines…
End of the Month Summary – March 2017
My account gained a little more in March, but I took it easy overall due to other events in my life. My soon-to-be ex-wife and I sorted out everything and engaged an attorney to write it up for us. Now, we’re in the proofing stage and will file soon, which will open up more investing…