One of the biggest decisions to make when selling options is picking the right strike price. What’s considered the right strike price isn’t a one size fits all. Some investors (I’m saying “investors”, not “traders” because I don’t look at my approach as short-term enough to actually be called trading) might want the maximum premium intake possible while…
Tag: FWLT
Sold FWLT November 32 Naked Puts
I was able to slip another trade in on Foster Wheeler AG (NASDAQ: FWLT) while it was down this morning. I didn’t get in at the low, but did get in before its second run higher showed up. After my two FWLT naked puts finished out of the money at the end of October expiry I…
Options Expiration – October 2009
I had a good month to be short options. Every one of my short positions closed out of the money leaving me with a full profit on each one. I could’ve written higher strikes and made more money, but opted to go with out of the money naked puts for all of these except for EEM,…
Sold FWLT October 33 Naked Puts
I’ve sold FWLT naked puts, owned shares and sold covered calls a few times over the past couple of years and I continue to watch it on a fairly regular basis. FWLT had been bumping up against resistance recently on its trend line of higher highs, but broke out this morning on very strong volume. …
Sold FWLT Naked Puts
I own Foster Wheeler (FWLT) in my IRA and charted FWLT early this afternoon to decide if I should keep it or not. Not only did I decide to keep it and put a limit order for out of the money covered calls in my IRA, I checked the put options for my taxable account. The premiums…