November felt like it went by in a blink of an eye. At least I made money as the month flew by. Once again, I finished the month at a new monthly closing high and had decent realized gains. I limited the churn in my account by avoiding the weekly options on TLT and had…
Sold BA February Naked Put
I made a mistake by not jumping back into a new Boeing (BA) naked put when my November put expired last week. The stock moved up another $2.00+ this week and when it dipped this morning, I decided to go ahead and pull the trigger. While BA was trading at $134.76, I sold one BA…
Options Expiration – November 2014
I only had one option for today’s expiration and it wasn’t even close. BA made it over $133 today and only eased off a little in the afternoon. Still, my BA November $125 naked put wasn’t anywhere close to being assigned. I’ll take a full profit of $339.20 and will regret not rolling it higher earlier….
Rolled DIS and BABA Options
A few days ago, I entered a limit order to close my DIS put that I sold near the bottom of the stock’s recent correction. Within the first two minutes of trading today, my order hit and while DIS was trading at $90.34, I bought to close my one DIS December $82.50 put for $0.30…
End of the Month Summary – October 2014
October was a wild ride. My account value fell to around $102,000 before rebounding more than $7,000 to finish the month. I had a lot of churn in my account thanks to my attempts to trade weekly TLT options, but avoided falling prey to panic selling. My one decent mistake was dumping my 400 shares…
Sold BABA December Naked Put
As I mentioned in my update yesterday, I was under-invested and felt the need to add some more risk and upside potential to my account. My small and mid-cap allocation in ETFs takes up roughly 27% and 24% of my account respectfully. I have no large-cap or international ETFs in my account, but I have some…
Sold DIS December Covered Call
Disney ($DIS) is almost back up to my entry point at $90 and I decided to go ahead and plan my exit. While DIS was trading at $89.16, I sold one DIS December $92.50 covered call for $1.01 and received $100.51 after paying $0.49 in commission. If DIS breaks high above $93.50, I might second-guess…
YHOO, BABA and TLT Option Updates
This was a good week in general for my account. Everything I owned improved, except for my BA put, but I’m not worried about it long-term. Yahoo jumped high enough to make my November options extremely cheap, so I decided to close them today. While YHOO was trading at $43.01, I bought to close three…
Options Expiration – October 2014
I skipped writing a monthly option expiration post last month because I had nothing expiring in September. YHOO, DIS and of course TLT prompted my update today. My easiest position to watch during the recent mini-correction was my YHOO October $33/35 short put spread. It expired today for a full profit of $245.67 with a few…