Short and sweet today – I only had one position left to expire today, two XLF September $24 naked puts. XLF is trading around $24.73 as I write this post mid-afternoon. Too bad I didn’t sell more than two contracts. I’ll walk away with a realized gain of $145.61 as these puts expire worthless. Late last…
Month: September 2017
Rolled ADI Naked Put to December
My September ADI put was nearly worthless and with option expiration Friday being tomorrow, I decided to go ahead and roll my naked put to December and start over with it. While ADI was trading at $82.91, I sold bought to close my one ADI September $80 naked put for $0.02 and paid $2.29 including…
Rolled MDY Naked Put from September to December
Before I get to today’s trades, let me know how many of you watched the iPhone 8 and iPhone X announcements today and if you think the sales will be as strong as expected. I’m still short an AAPL October $160 put and plan to let it run for a few more weeks, if not…
Closed IWM September Naked Put
The order I placed last week to close my IWM September naked put hit this morning. I placed the order to eke out a few dollars profit, but ended up doing better as IWM gapped higher at the open. While IWM was trading at $140.39, I bought to close one IWM September $142 naked put…
Sold IWM October Naked Put
I was focused on my other taxable account today, but was doing my research on Interactive Brokers’ platform, where keep this account. When I decided on my trade, I made it in this account I blog about instead of my TD Ameritrade account. Luckily, I wasn’t overly allocated to small caps in the My Trader’s…
End of the Month Summary – August 2017
I pulled out a slight gain in August. The Dow only gained 0.26% and the S&P 500 only edged up 0.05%. I took some risk off as my August options expired and haven’t replaced everything yet. I missed a good opportunity after the short-lived scare from North Korea’s missile launch over Japan and now don’t…