The only two October naked put options I had remaining expired worthless today. IWM finished the week at $149.99, well above my October $137 strike. QQQ finished the week at $148.74, also far above my October $142 strike. I should’ve rolled these earlier, but wasn’t bullish enough to pull the trigger. Now I need to…
Month: October 2017
Rolled AAPL Naked Put Lower
Yesterday, I mentioned my plans to roll my Apple ($AAPL) naked put from October $160 to December $160. Luckily, I was alert this morning premarket and saw AAPL futures were lower. I raised my limit order to see if it would hit at a much higher premium, but even before the market opened, I was…
Sold November IWM and QQQ Naked Puts
My three options set to expire in October are all out of the money (two are far out of the money and one is close to the money) and I really should’ve traded these two earlier to roll them higher, but I haven’t put the focus needed on my own account much lately. That brought…
SPY Chart Forecasts a Drop
The chart below shows the daily prices for the past year on SPY, the SPDR ETF that tracks the S&P 500 Index, after closing the week at $254.37, on October 6, 2017. SPY has had an incredibly boring and strong 12 months, recording one of the lowest periods of volatility in the history of the S&P 500. Two…
End of the Month Summary – September 2017
Like most investors who had a bullish tilt to their accounts, I had a good September, but could’ve done better if I had been fully invested. The Dow gained 2.08% in September and the S&P 500 gained 1.93%. I made some trades, but kept my risk level low, as I have done for most of…