Archive for December, 2009

December options expiration: AAUKY and BMO

This past Friday was December options expiration and I had two options positions expiring – one a short put position and the other a covered call:

Anglo American plc (AAUKY: 0.00 N/A, yld: N/A%) – The December 12.5-strike covered calls I sold against my long position in AAUKY on 7/10/09 as a way to exit the [...]

Options trade: General Maritime (GMR) covered calls

Last week at November’s options expiration I ended up being put shares of General Maritime (GMR: 7.65 -0.13%, yld: 16.32%) when I was assigned the 7.5-strike put options that I’d sold against it last September.
On Thursday (12/3/09) I sold some May 7.5-strike covered call options against that long position in GMR as the stock [...]