Archive for: June 2017

June 23, 2017

Wrote Naked Put on WMT

Filed under: Finance - 23 Jun 2017

Walmart (WMT) took a sizeable step lower after AMZN made the offer to buy WFM last week. I thought the drop was overdone, so the following day, I entered a limit order to write a naked put on WMT. It …

June 20, 2017

Sold August TLT Vertical Call Spread

Filed under: Finance,Stock Picks - 20 Jun 2017

After a hiatus since my last TLT losses, I’m back in the 20-year treasury ETF with a better strategy. As I did when I first started trading TLT years ago, I hedged this trade so I don’t repeat the same …

June 19, 2017

Closed UWM Naked Put

Filed under: Finance,Stock Picks - 19 Jun 2017

Sometime last week or the week before, I entered a limit order to take a profit on my UWM naked put. While UWM was trading at $121.05, I bought to close one UWM July $100 naked put for $0.35 and …

June 14, 2017

DIS and MDY Naked Puts

Filed under: Finance,Stock Picks - 14 Jun 2017

Coming into this coming Friday’s option expiration, I have two MDY June $290 naked puts left to expire. Being more than $9 out of the money, I opted to leave them in place and let them expire worthless. While I’m …

June 12, 2017

XLF and MDY Option Trades

Filed under: Finance,Stock Picks - 12 Jun 2017

The ratio spread I had on MDY was almost worthless going into this coming Friday’s expiration, so I decided to sell my long put for a $10 gain instead of letting it expire completely worthless in a few days. While …

June 1, 2017

End of the Month Summary – May 2017

Filed under: Account Summary,Finance,Indices - 01 Jun 2017

I pulled out another small gain in May and the broken record continues as I lament being under-invested still. On a positive note, I finally filed for divorce last month and it’ll be final in two weeks from today. I’ve …