I pulled my current portfolio this morning to show what I have right now going into Friday’s option expiration. I look good on my four July expiration naked puts and expect them to all stay out of the money for the next three days. My July covered calls are out of the money, except for EEM which are in the money a little. I have a few dollars of profit on my EEM covered calls and might end up rolling them out another month, but haven’t decided yet. EEM seems to be the only one I’ll have to make a decision about by Friday afternoon unless something major happens, as it sometimes does.
I’m glad I didn’t sell calls on my INTC shares since they’ve had a great bounce this morning after earnings. They’ve brought MSFT along for the ride so far too which I like of course. I’ve been holding on to my MS shares expecting a bounce from it, but haven’t seen much to help me yet. I might add a September options strangle next week to either add more shares or exit my position. My penny stock, SNRV, has lost some volatility and my limit orders to sell have missed the mark by a few cents each time they get close. I’m getting bored with it and might move on to another if it doesn’t pick up again in the next couple of weeks.
Quantity Underlying Expiration Strike Type
- -2 EEM July $34.00 Put
- -3 NDAQ July $17.00 Put
- -1 SPY July $101.00 Put
- -10 UCO July $7.00 Put
- -2 CSX August $52.50 Put
- -3 CVS August $33.00 Put
- -1 JPM August $37.00 Put
- -2 VXX August $24.00 Put
- 200 EEM + July $39.00 Covered Call
- 200 GES + July $35.00 Covered Call
- 100 SPY + July $113.00 Covered Call
- 1,000 UCO + July $12.00 Covered Call
- 200 AVAV + August $25.00 Covered Call
- 100 ITRI + August $75.00 Covered Call
- 100 JPM + August $42.00 Covered Call
- 300 INTC Long, no covered calls
- 100 MS Long, no covered calls
- 200 MSFT Long, no covered calls
- 1,500 SNRV Long, no covered calls