These trades were not an even swap and were not intended to be. I’ve written a couple of times recently about my plans to close my two FEZ February $40 puts. I had a chance to close them for $0.25 each and then FEZ fell below $40 at the beginning of the month. This price…
Tag: FEZ
Moving Overseas
As I mentioned last week, I’m underinvested. The first step I took this week to remedy that was to move more funds to the international ETF I’ve been using lately, FEZ. FEZ attempts to track the Euro STOXX 50 Index, which happens to be heavily weighted in the Financial Services sector (26.72%, according to Yahoo!…
Sold FEZ February Naked Puts
I entered a limit order on FEZ naked puts two days ago in the hopes FEZ would take one more step lower before recovering. FEZ started to climb soon after I entered the order and I thought my chances weren’t great of getting the trade. I opted not to chase the trade, but remained patient…
Options Expiration – October 2013
This month’s options expiration was another easy one for me. I only had one option expire today and it was not even close. UWM is trading at $78.14 while I write this, meaning my two UWM October $52 puts will expire worthless and I’ll make a full profit. I could’ve made a lot more on the trade…
Sold FEZ Naked Puts
A few days ago, I mentioned I was interested in adding some international exposure again. I didn’t want to go back with EEM, my previous go-to international play that focused on emerging markets. I expect Europe to outperform emerging markets as the EU recovery begins. I weighed a few EU ETFs and settled on FEZ….