I closed two short puts today to free up some cash for what I hope to find in a better opportunity. I began with my DIS put that I reference in my YouTube video at the end of last week. While DIS was trading at $102.65, I bought to close one DIS August $105 naked…
Tag: DIS
DIS and MDY Naked Puts
Coming into this coming Friday’s option expiration, I have two MDY June $290 naked puts left to expire. Being more than $9 out of the money, I opted to leave them in place and let them expire worthless. While I’m still nervous about what’s to come for the markets, I opted to sell one at…
Options Expiration – February 2017
I only had one option expire today. It was in my old account and worked out as I hoped it would with an assignment just in the money. I’ll be assigned my one DIS February $110 covered call and will sell my 100 shares of DIS at $110. I bought these 100 shares after being…
Sold DIS Covered Call for February
Disney ($DIS) is the only stock I have in my account right now and have been trying to decide if I should exit with a loss or hold on for a gain. I chose the latter and plan to make this work through a covered call. While DIS was trading at $109.30, I sold one…
Options Expiration – January 2016
January has been even worse than most bears expected. I’ve been in the camp that we’re oversold and the mass selling should subside sooner than later. Apparently, we aren’t there yet. I regret not adding more long puts like I planned to do after closing my last ones for a profit. I also regret being overly…
Sold DIS January Naked Put
One of the advantages of following just a few stocks closely is that you get to know their behavior. While I don’t claim to be able to forecast every move that DIS makes, certain set-ups do create fairly predictable price movements. I mentioned in my last update that I was waiting for DIS to drop…
Options Expiration – November 2015
It’s weird to think January options expiration is only eight weeks away. Before that, we had November’s expiration today. I came into today with four different options expiring, two on DIS, one on IWM and one on FEZ. I said I wouldn’t regret my DIS covered call two months ago at $110 if it was…
Sold Calls on TLT, DIS and IWM
I was able to bring in $2,069.17 in premiums today by selling calls on TLT, DIS and IWM and rolling my DIS naked put higher. The TLT calls are naked, meaning I don’t have any shares I’m covering. The DIS and IWM calls are covering shares I already own. I was planning to make these…
Sold OTM DIS Naked Puts
Yesterday, I mentioned that I was planning to sell a new naked put on Disney (DIS) if the share price came down some more. When I saw the futures were down so much this morning, I raised my asking price from $1.90 to $3.50, just in case there was another stupid open that sent the shares…