The final monthly options expiration of the year was an easy one for me. I only had two options scheduled for today’s expiration, a covered call on FEZ and a naked put on MDY. Since today is the ex-dividend date for FEZ, my in the money FEZ December $38 covered call was assigned overnight. I…
Tag: FEZ
Closed FEZ Naked Call
In the first second of trading on Monday, while FEZ was trading at $39.75, I bought to close my FEZ January $40 naked call for $0.65 and paid $65.72 including $0.72 in commission. This option was my mistake trade from Friday when I sold this call before I realized I already had a covered call…
Options Expiration – November 2019
I had three different options expire today. I could’ve rolled all three earlier, but opted to wait until today to see if anything new would change on the trend lines after stocks plateaued beginning late last week. The picture hasn’t gotten much clearer, but I opted to make my adjustments today anyway because I’d rather…
Sold FEZ Covered Call ITM
I’ve been sitting on my 100 FEZ shares since my last FEZ covered call expired nearly 11 months ago. I’ve been in and out of it in my other account and never could get around to making a trade on it in this account. The main reason is that I wanted to wait for better…
Options Expiration – November 2018
I made a shift a while ago from simply tracking the indexes through ETFs with options to trying to pick stocks with ETFs. I had some success with stock picking some years, but this year has not been one of those years. Part of that failure is due to picking these stocks at the wrong…
Sold New FEZ Covered Call
A few days ago, when FEZ was trading close to $38, I decided I didn’t have much of a chance to close my FEZ September $40 put for a profit and I’d just accept the option assignment at the end of this week. Based on that belief, I entered a limit order to sell what…
Options Expiration – July 2018
I only had two positions to update today after knocking out three of my trades yesterday for July expiration. FEZ and GS were the only two underlying stocks I had left and I made my decisions quickly on my next steps. I started with FEZ because I wanted to make sure I locked in a…
Sold ADI and FEZ Naked Puts
After the last options expiration, I planned to jump right back into naked puts on ADI and FEZ, but I got caught up on working other accounts and this one was pushed to the back burner until today. The good news is that FEZ dropped nearly a dollar and a half from its intraday high…
Sold FEZ Shares for a Loss
Stupid bonds! TLT is making February a rough month for me. At this morning’s high, it was up more than $6 from where it finished January. I dealt with a lot of the risk when I hedged a couple of weeks ago, but it still isn’t fun to see my account down so much while I…