Not even a full week ago I closed my NDAQ May 20 naked puts for a profit. I expected NDAQ might be near the top of its range or at a minimum I thought it would dip again before it rising much more. I bought back those naked puts last week for $0.80 each. As I…
Tag: NDAQ
Closed NDAQ Naked Puts for a Profit
NDAQ has been a volatile play for me and I’ve profited a few times on my options, but felt I was starting to tempt fate with some wild moves in the stock. This morning NASDAQ OMX said they are losing market share. The details go much deeper, but that was enough for me to take…
Sold NDAQ Naked Puts
Last month I eased into a hedged NASDAQ OMX Group Inc (NDAQ) position with a vertical spread (22.50/20 puts) for a credit of $0.80, not counting commissions. I took the option assignment at $22.50 and sold the shares yesterday for $23.40. This morning while NDAQ was down more than a dollar from its Monday close and…
Sold All NDAQ Shares
This morning I put a limit order in to sell all 500 of my newly acquired NDAQ shares. I thought I was pricing my order high enough to let it run up for a few days. Instead, by 3:50 NDAQ was up nearly 12% for the day and I sold my entire NDAQ position at…
Closed SSO Put Spread & Other Options Expiration Updates
As of the close of yesterday I thought I had my SSO put spread for a full profit, but that changed quickly this morning. Instead the S&P fell and I lost. I watched SSO most of the day, along with my other positions. With 10 minutes to go in the trading day I closed my…