Sold TLT Naked Calls
Follow me on this trade at your own peril. I’ve done well selling TLT options a few times and I’ve done very poorly other times. Due to my losses caused…
Options Expiration – August 2019
The only option I had in my account that will expire today was one QQQ August $187 covered call. Knowing that it will expire worthless this afternoon (giving me a…
Sold March IWM Covered Call
Continuing with the plans I mentioned in a recent post, I sold an out of the money covered call on my 100 IWM shares this afternoon. While IWM was trading…
Options Expiration – January 2019
I only have options on two stocks that are expiring today, AAPL and ADI. The two AAPL January $200 covered calls far out of the money that will expire worthless…
Month End Summary – January 2019
If only every month could be as easy and as profitable as January was. While I haven’t come close to making up for my losses in 2018, I made a…
IWM Option Combination
I’ve been working on hedging one of my client’s accounts this week with various option combinations. After the market closed yesterday, I realized the IWM trade I made for him…
End of the Month Summary – March 2015
March was an up and down month for my account, but I still had less volatility than the major indexes and finished up for the month while most indexes lost…
SPY – 1 Year, Daily Chart
The chart below shows the daily prices for the past year on SPY, an S&P 500 Index ETF, after the ETF closed the week at $206.44 on April 2, 2015. husband watches wife go black…
Dumped BABA
BABA was one of the trades I try not to make, but talk myself into every few years. It sounded hot and promising, but was overvalued. It might have a…
Options Expiration – February 2015
I have four different options expiring today on three separate underlying positions for another profitable options expiration. The first two options were easy and will close out my exposure to…
Sold DIS and IWM Naked Puts for April
I had some time to look over my holdings yesterday and really think about what I wanted to do next. I only have two February puts expiring (FB and BA) and…