I opened my email to find (with little surprise) that my CVS January 31 covered calls were assigned as of the close of trading yesterday afternoon. I say it wasn’t a surprise because today is the ex-dividend date and the calls were more than $4.00 in the money with only a few days of time…
Tag: CVS
Options Expiration – November 2010
I had a good options expiration this November as most of my positions went my way. Here’s the breakdown of how everything finished for me. SPY – 112 Straddle (sold 1 put and 1 call at 112) – My put finished well out of the money and which means my covered call was deep in the…
3 Positions Updates – UCO, CVS, VXX
I spent yesterday watching to see how the market would behave this week after such a good run already in the books. I made no trades in my taxable account until today when I decided to make a few adjustments. I started with UCO. My long term position still has a paper profit for me…
Options Expiration – August 2010
Today’s option expiration finished somewhat differently than I thought it was going to as of a week ago. Here’s the breakdown of how it went down: VXX, two August 24 Puts – I’ll be assigned 200 shares of VXX on Monday morning. Instead of trying to roll these puts I sold covered calls on the shares…
June Options Expiration
I ended up making a few option trades today, but not exactly as I planned to yesterday. I started off this morning with CVS. I traded CVS a while ago and been waiting for another good entry point. They’ve been down on news of their “fight” with Walgreens. News came out that they appear to…
Rolling Options on INTC Naked Puts
I sold February INTC Puts last month and took a realized gain on the options this afternoon. I considered buying my February puts back and leaving it at that, but decided I could take a little risk on INTC since I think the downside is limited. INTC has been working through a trading range for months…
Options Expiration – February 2010
I let this week slide by without making any real attempt to open any new positions. The only order I entered was for ORCL March options, but left my limit price too high and ORCL only went up which left it outside of my portfolio. While the markets have been moving higher, I’m still cautious about…
This Is What I Own Right Now
I grabbed my list of current holdings as of the markets’ close yesterday, 1/20/10. I haven’t made any new trades today, so this is what’s in my Interactive Brokers account right now. I still have 460 shares of the bond ETF, SHM, at $24.05 I hold in TD Ameritrade too. Underlying Qty Expiration Strike Type Cost if…
Opened CVS Exposure, Again
A few months after my CVS vertical put spread position expired last summer CVS tanked on November 5th down to an intraday low of $27.38. It closed at $28.95 that afternoon and that started a rally that’s still going. That massive gap down drew my attention, but for some reason (call it caution or stupidity)…