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: FB
Sold FB February Naked Put
In July, just before Facebook (FB) took another large step higher, I decided to cut my risk with the social media company and moved back to Apple (AAPL). My AAPL trade worked for me, but I could’ve stuck with FB and made money also. FB fell off my radar for a little while as I…
Dumped FB for AAPL Naked Puts
It has been more than a year since I made a trade on Apple (AAPL) and that changed today. I was excited when AAPL shares split 7-for-1 early last month because I knew I’d be able to get back in with options without putting up $40-50,000. I didn’t jump on the options last month because…
Closed One, Opened Two Naked Puts
I knew it was time to move my June MDY exposure out to a farther month and as I mentioned in my month end summary a few days ago, I planned to move the strike higher too. By the time I got around to placing the order today, the $250 strikes offered a pitiful return….