I have four different options expiring today on three separate underlying positions for another profitable options expiration. The first two options were easy and will close out my exposure to both of the underlying stocks. I had one BA February $135 put expire worthless and one FB February $72.50 put expire worthless. BA traded over…
Tag: BA
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….
Sold BA November Naked Put
Sometimes, I make good trades and sometimes I make bad trades. I rarely know which it’ll be within the first week after the trade. I made a new trade today that I’ll be wondering about for weeks to come, but I think I made the right decision. While BA was trading at $126.82, I sold one…
Options Expiration – December 2011
Every single one of my options closed with a profit this month. I’ve been overdue for a month like this, but it’s not a perfect ending since two of them finish a penny or two in the money and I didn’t buy them back. Also, a couple were covered calls I was ready to see…
Two Bullish Trades
My biggest bullish move of the day was not selling covered calls on any of my long shares today. For years, that’s been my typical move the first trading day after options expiration, but I’m staying patient on these as long as I can. I’m basing this patience on the charts, so we’ll see how…
Options Expiration – October 2011
October has been a good options expiration for me. Six out of seven positions are closing for a profit. NFLX – Bear $130/140 Call Spread – This one worked even better than planned. I could’ve been more aggressive, but am happy to have been able to ride this one to the end without stressing much…
Sold Options on QCOM and BA
After taking option assignments on a few positions at August’s option expiration I’ve stayed long with no covered calls on any of my newly acquired stocks. That changed today. QCOM is getting close to my purchase price and while I still think it has room to climb from here, the premiums are rich enough that…
Options Expiration – May 2011
Two days after I posted my plans earlier this week for my expiring options Aflac (AFL) got spanked and lost 6% after issuing poor guidance. This morning I took an option assignment a day early on my AFL May $55 put and now have 100 shares in my account with no AFL options on either…