I had no options remaining to expire today, so I’m giving a short recap of what’s in my account at the end of the week. – 1 GS March $265 naked put with GS trading at $267.62 – 1 ADI March $85 naked put with ADI trading at $86.09 – 1 XLB March $63 naked…
Month: February 2018
Rolled AAPL Naked Put to April
My AAPL naked put was the only option I had set to expire in February and the timing of AAPL’s move higher worked out well for me. AAPL fell as low as $150.29 intraday on February 9. I thought I had a strong probability of having the option assigned, but the iPhone maker recovered even…
Rolled NFLX Naked Put to April
Remember last week when I didn’t want to spend $43 to close my NFLX naked put? Well, that would’ve been a bargain compared to what I spent today. The good news is that I didn’t make today’s trade out of fear of an option assignment. Instead, I rolled my position higher to take advantage of…
Month End Summary – January 2018
It feels good to be back in the swing of things and making more trades than I did in most months last year. One drawback to selling options is that you don’t get the big upswings in your account balance when the markets make big moves higher. This lag can be discouraging for those who…