My strategy from yesterday almost worked as planned. The share price of AAPL dropped today, which is what I was planning for, but I pulled the trigger on my order after the low of the morning and before the afternoon low. Due to AAPL’s $0.73 ex-dividend date today, the stock adjusted post-payout, i.e. pre-market. After…
Tag: AAPL
Closed AAPL $185 Naked Put
I entered a limit order yesterday afternoon to close my AAPL naked put and planned to write another contract after the order hit. I opted not to enter the order as a combination because I wanted to see if AAPL would bounce around some and change my decision on which strike to sell next. While…
Better Late Than Never – Rolling Naked Puts
I did today what I should’ve done days ago. I rolled three of my July naked puts. Actually, I didn’t roll them, but I did sell new ones to replace the ones that are about to expire worthless tomorrow, which is basically rolling them without bothering to close those puts far out of the money….
Options Expiration – April 2018
I came into today’s options expiration with only two naked puts in place, one AAPL April $165 naked put and one NFLX April $235 naked put. APPL was nearly $14 out of the money earlier this week, but got hit hard the past two days, which helped me tremendously. Since I expect this decline to…
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…
Options Expiration – December 2017
Today is the last monthly options expiration day of the year and I had three options expire worthless, giving me a full profit on each of them. My ADI December $80 naked put gave me a realized gain of $266.70. My AAPL December $155 naked put gave me a realized gain of $516.89. I sold…
Rolled AAPL Naked Put Lower
Yesterday, I mentioned my plans to roll my Apple ($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 QQQ and AAPL Naked Puts
I’ve regretted not being invested in AAPL with every dollar it pushed higher for the past few months, but I stayed out with the expectation that it’d have a pull back offering a better opportunity. After missing the June and July mini-dips, I decided the stock was worth some risk because I expect any new…
Dropped SPY Hedge & Exchanged AAPL for DIS Puts
I’ve been thinking about closing my SPY October $160/180 vertical put spread for more than a week. SPY recovered nicely from its recent decline and I didn’t feel like it was giving me the protection I wanted. With the long puts being nearly 10% out-of-the-money, I don’t think I was protecting much. I don’t expect to…