Only about 22 minutes of open trading time passed between when I wrote that I had an order in place to roll my MDY put from September to December to when my order hit. The time span happened to carry from the market close yesterday to today and I’m glad I got the order in…
Tag: MDY
Cut Some MDY Risk
The limit order for my lower MDY naked put that I entered on option expiration Friday hit today. While MDY was trading at $259.76, I bought to close one MDY September $260 naked put for $7.00 and paid $700.24 including $0.24 in commission. This was a straightforward reduction of risk trade. As I mentioned in…
Options Expiration – June 2014
I only had one option set to expire today and I decided to buy it back before the shares were assigned. While XLF was trading at $22.83, I bought to close three XLF June $23 naked puts for $0.18 and paid $55.26 including $1.26 in commission. Three months ago I sold these puts in-the-money for $1.00…
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….
Swapped MDY for FEZ
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…
Options Expiration – December 2013
The final options expiration for my year is going out with a whimper. I only had one option contract remaining and it’s nearly $15 out-of-the-money. My MDY December $125 naked put was the position I thought about closing over the past couple of weeks for $0.10 and then it went up to $0.50+ before calming…
Options Expiration – September 2013
I’m a day early on my options expiration post because I closed out my remaining September options today and figured I could wrap up my commentary sooner than later too. I might come back in to make another trade tomorrow, but doubt it based on the trades I made today and everything else I have…
Return to Mid-Caps
I let my last mid-cap exposure expire with my February put option spread. Until I started writing this, I didn’t realize that I had not gotten back in since then. In fact, I didn’t believe it had been so long and searched my notes and then Quicken because I was so surprised. I’ve certainly had…
Options Expiration – February 2013
This seemed like a very low-key expiration day, but I freed-up a lot of cash today. Now, I have to figure out what my next move is. Small-cap and mid-cap stocks have melted higher over the past few days, but larger stocks have flattened out or drifted lower recently. This doesn’t give a lot of…