UWM – July Naked Put

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 the longer-term expirations had too much time risk for my goals. By using the July expiration, I was able to sell far out of the money and get a good annualized return.

Here’s the link to the video for my process: https://youtu.be/0nSKnnZFTXM



« « SPY Chart – April 7, 2017 - | - End of the Month Summary – April 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.