My two November options expired worthless today giving me a full profit on the trades. My TLT November $140 covered put was trading was more than $8 out of the money and my ABNB was almost $47 out of the money. ABNB was down roughly $7.50 today and I was still that far out of…
Tag: TLT
Sold ABNB and TLT Puts
I’ve been waiting for a good opportunity to sell a put to cover my short TLT shares and the recent dip I decided I should go ahead and take some more profit before it bounced again. While TLT was trading at $143.77, I sold one TLT November $140 covered put for $1.5 and received $149.38…
Sold TLT Naked Call for August
TLT has remained depressed since falling from its 2020 highs and hasn’t shown much price fluctuation since the beginning of March. This trading channel of the past few months is narrowing and likely to break before too long. I expect it to move lower, but summer trading can bring weird things to the market. That’s…
Options Expiration – March 2021
The only options I had set for March options expiration were the five TLT March $149 puts I sold to cover my short TLT position. They expired deep in the money today and my short shares were “put” away. I entered this TLT position beginning back in January 2020 when I sold 5 TLT April…
Options Expiration – December 2020
I had two sets of options expire today – one on QQQ and five on TLT. My QQQ December $305 covered call moved in the money earlier this week after being nearly $40 out of the money less than two months ago. I loved regaining value on my share price, but I didn’t want to…
Options Expiration – October 2020
I expected the final monthly options expiration before the election to provide some volatility and we got a little, but not as much as I thought we might get. My only concern for this account today was how TLT behaved. My October options finished well out of the money. My five TLT October $155 covered…
Sold New TLT Naked Call Option
My plan was to sell five TLT naked calls at the same $170 strike I used in August. Instead, I sold three calls a few weeks ago and waited to see how TLT would behave for a few more weeks. TLT appears to be trending lower again, but still needs to break through support around…
Partially Rolled TLT Naked Calls
TLT has been trading above my naked calls strike off and on for the past couple of weeks. I thought it could be smart to remove some risk yesterday when TLT was trading above $172. I don’t think it’ll continue to trade at these levels too long, but the risk of being assigned another 500…
Options Expiration – June 2020
I have three different option contracts expiring worthless today. My five TLT June $145 covered puts are nearly $16 out of the money and give me a realized gain of $288.41. However, I paid $213.19 in dividends and $25.90 in short interest for my short position. The difference is a net gain of $49.32. My…