When options expired in February I said I planned to sell April puts on Boeing (BA) once they were posted because the downside looked limited. If I had followed through on that plan I might have caught BA close to the same price as today or near its recent low, below $69 a couple of…
Tag: BA
Options Expiration – February 2011
Today ended up being an easy options expiration for my taxable portfolio. I only had three separate options expire today on VXX, VNQ and BA. This is how they each played out along with my next steps: One VXX February 22 covered call – This worked like clockwork. I’m long 200 shares, long two June…
Current Portfolio – February 11, 2011
I’ve intentionally not traded this week. Since I’ve been selling so many longer term options lately I thought I should take a step back, let the dust settle and see how (a little) time affects my current portfolio. With volatility currently so low compared to the past couple of years the option selling trades aren’t…
Options Expiration – December 2010
I had a mixed options expiration for December with two of my options expiring while the underlying stock was trading above the strike and the other two finished below the strike. Here are the details: MDY December 145 naked put – This one finished far out of the money and allowed me to let it…
Sold Another VNQ Naked Put
When I wrote about selling my first VNQ naked put last week I said I originally planned to sell two contracts, but then decided to wait for another opportunity to get in on the second contract if VNQ came off its highs. As luck would have it I sold that first put last week on the…
Sold BA and MDY Naked Puts
As my VXX position continues to drop in value I continue falling behind the indices’ returns each day the markets move higher. While I don’t think they’ll continue this trajectory forever, I hate missing the ride while it lasts. With VXX still sitting there as my hedge in case of a reverse course for the market…
Options Expiration – October 2009
I had a good month to be short options. Every one of my short positions closed out of the money leaving me with a full profit on each one. I could’ve written higher strikes and made more money, but opted to go with out of the money naked puts for all of these except for EEM,…
Sold BA October 50 Naked Puts
I’m still on vacation this week while my wife is working and my son is at school. That means I spend my days rotating between getting stuff done around the house that I’ve been meaning to do since we moved in three and a half years ago, watching CNBC, getting all of my doctor appointments out…
Sold AA and BA Naked Calls
Today was insane. I saw the Dow down 120, then up 20, then down 150 and then up 30 by the end of the day. I had a hard time focusing on my work and I’m sure more than a couple of coworkers noticed me charting all my stocks and then studying my spreadsheet for what I should do. Once I…