Today was a lot more interesting than I thought it would be. My DIA December 102 call options were assigned which meant I bought 400 shares of DIA at 102 and took a full profit on that leg of the option spread. That left me short 400 shares of DIA, but with DIA December 103…
Tag: NDAQ
NDAQ Naked Puts Redux
The day after I closed my NDAQ position before my November options expired, NDAQ had a huge day gaining almost 5% intraday. I regretted my timing of having to exit my position to move the cash to my new account, but knew there was no need to worry about it since I couldn’t take it…
Closed NDAQ and UCO Naked Puts
To speed up the clean up of my TD Ameritrade account before I close it I decided to close a couple of my positions early. Depending if today’s broad market drop continues through tomorrow I might have to buy back some of my other options too. I started with NDAQ and UCO because NDAQ was…
Current Positions – November 12, 2009
My fortunes have changed greatly since the new month started and the markets have rallied back to where I thought they should been. Less than a couple of weeks ago all, but one, of my options were sitting in the money (aka, below the strike price). Today only one is in the money. That sole position…
Doubled NDAQ Naked Put Position
Last week I opened up a small position with NDAQ November naked puts with the plan to let them expire and then add to the position if the options were assigned or just re-write them if they expired worthless. After NDAQ’s price fell below the $20 strike a few days later I started eyeing the chart…
Sold NDAQ November 20 Naked Puts
I keep coming back to NASDAQ OMX Group Inc (NASDAQ:NDAQ) when I see good opportunities on its chart. Long term I think NDAQ is going much higher, but since I don’t know when that day is going to get here, I’m nibbling little bites of profit with naked puts in the meantime. I mistakenly late…
July 2009 Option Expiration
My MON July 80 call (MONGP) is expiring out of the money today, so I decided to go ahead and sell another call today to increase my chances for profit over the series of trades. While MON was trading at $75.29 I sold to open one August 75 covered call (MONHO) for $3.20 and received $309.25 after commissions. …
Looking for More Profit from NASDAQ (NDAQ)
I’ve been coming back to the NDAQ well for more profits ever since I picked them as one of my 2009 stock picks at the beginning of the year. They are actually down from when I picked them, but that’s why I’m not a buy and hold type investor, but an option seller. I’ve done well with…
Moved MON and SLB Options to July Expiration
I only had three options finish in the money today (one on MON and two on SLB) and made changes to both positions to give me more downside cushion and increase my chances for a bigger profit by the end of the series of trades. I could’ve exited both positions with a little profit today, but decided…