Today’s options expiration finished quietly for me as I only changed one position in my account. The real action starts next week when November contracts are posted for all of my positions that don’t have them yet. For the most part it went the way I described it earlier in this week in my lead-up summary. …
Tag: SPY
Options Expiration – July 2010
What a crazy options expiration day today was! I took the opportunity to open four new positions as my old positions expired worthless. The options for September were already available for SPY, GES, NDAQ and EEM and my July options were far (enough) out of the money so I started with those and will catch up with UCO on Monday…
Position Updates – SPY and EEM
As I mentioned a few days ago in my May options expiration post that I planned to sell covered calls on a couple of stocks that were assigned to me. I started with SPY and targeted an options strangle (sell a put and sell a call at different strikes on the same underlying stock) and my…
Options Expiration – May 2010
What started just a couple of weeks ago as an easy ride into expiration turned around on me very quickly, especially in the last few days before today’s relief. I’m still not sure what to think with where the markets are heading over the next week/month and so I started adjusting some of my positions today…
Sold SPY Naked Puts
At the risk of jumping in to this lengthy March rally too late into it, I decided to add S&P 500 exposure through the ETF SPY while it was down a little this morning. My thought process went something like this – I use the S&P 500 as my main benchmark to measure against my personal…
S&P 500 Chart (SPX.X) – January 16, 2009
The last time I charted the S&P 500 (SPX.X) I drew a trend line of lower highs. That line broke to the upside and the SPX got above 900 for just over a week. Then the Williams %R indicator broke below the overbought area and the SPX unwound. For those not still lost in New Year’s celebrations this…
Closed SPY Calls for a Loss
Lots of bad news (oil up, unemployment up, dollar down) hit the markets before the market’s open as we all saw. Immediately I thought about the SPY calls I should’ve closed yesterday before market close. I had a ~30% gain in the bag, but stayed greedy and hoped for more. The SPY June 142 calls (SFBFL) that I bought for…