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…
Tag: IWM
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 IWM January Hedge
When I saw the market sell-off again this morning, I saw it as an opportunity. I was already planning to sell my IWM hedge, but realized I could raise my limit order and make a better profit than originally planned. I raised my limit order again pre-market, just to be safe that I didn’t get a…
Options Expiration – August 2015
I’m really shocked that I haven’t made a trade since July options expiration. That was just over a month ago and is the longest I’ve gone without making a trade in this account since I started blogging in April 2007. The main reason for my lack of trading was that I couldn’t find something I…
Sold Calendar Spread to Roll IWM Naked Put
I timed my DIS trade well yesterday since DIS jumped $1.73 today, after I raised my strike $5.00. I wish I had timed my IWM trade that well too. I made the trade today, but would’ve done better yesterday, before IWM gained $1.55. Luckily, IWM continued climbing after my trade, so I didn’t catch the…
Rolled June IWM Naked Put to August
My account is getting to the point where I start to get nervous. I’ve already hit my goal for the year. My balance broke above $110,000 this morning and I’m worried a correction is due. On the other hand, we just saw a slight retracement in the indexes and thanks to my two hedges and…
Rolled DIS and IWM Naked Puts
We spent most of last week in New York (Manhattan) for spring break. It felt good to get back at my desk and find some normalcy in my daily routine yesterday. I made it back to my account this morning and rolled a couple of options that were set to expire this coming Friday. I…
IWM Option Combination
I’ve been working on hedging one of my client’s accounts this week with various option combinations. After the market closed yesterday, I realized the IWM trade I made for him could be a good trade for me too. I finally found time this afternoon to focus on my account and made the following trades. While…
Sold DIS and IWM Naked Puts for April
I had some time to look over my holdings yesterday and really think about what I wanted to do next. I only have two February puts expiring (FB and BA) and both are far out of the money. I also have 700 shares of TLT that I’m short with three more TLT February $130 calls I’m…