It’s getting harder and harder for me to find trades I want to make. The best trades I saw today were to close a couple of my aging options that had little value left in them. I’ll try to add in more exposure soon, but don’t want to buy something just for the sake of…
Tag: QCOM
Options Expiration – October 2013
This month’s options expiration was another easy one for me. I only had one option expire today and it was not even close. UWM is trading at $78.14 while I write this, meaning my two UWM October $52 puts will expire worthless and I’ll make a full profit. I could’ve made a lot more on the trade…
Options Expiration – August 2013
QCOM options were my only contracts left to expire today. My one QCOM $62.50 naked put will expire worthless and my two QCOM $62.50 covered calls will be assigned. This takes me out of QCOM completely for the first time in well over a year. In March 2012, I sold a single QCOM naked put…
Options Expiration – June 2013
The only options I had left going into today were on QCOM and it was just two of the same contract. My two QCOM June $65 covered calls expired worthless and left me with a full profit on the $381.82 I received two months ago when QCOM was trading at $63.86. I expect QCOM to…
Deeper in with QCOM
I like days like today. The market is down more than 1.3% and my account is down less than half a percent. I’m running like this because oil is up (although it’s off its highs) and my short options aren’t costing me much. I do have a couple of in-the-money options on T and DIS…
Options Expiration – April 2013
I came into today with only a couple of positions remaining. I closed my other April options over the past few weeks, mostly with poor timing. My AAPL bear put spread was a fantastic trade, except I closed it for a loss before the fantastic part worked itself out. I missed out on a nice…
Options Expiration – January 2013
I started this year completely different than last year. I was under invested coming into January in 2012. This year, I came in with some margin risk at play. I worked it right this time. Stocks have had a nice run up and I’m profiting from it, so far. I had already cleaned up a…
Profit Taking Tuesday
My new favorite type of order is a trailing stop. I only used it on one of my orders that hit today, but maybe I should’ve used it on all four since prices improved somewhat after my trade. A trailing stop works the same on option contracts as it does for a stock or ETF….
Options Expiration – November 2011
Options expiration finished pretty good for me on a few positions, but really bad on a couple of others that wiped out my gains on the good ones and then some. This is how it shook out this month: UCO – 3 November 26 naked puts – Finished out of the money by a long…