I recently took early profits in some of my naked put option positions and made adjustments in others in anticipation of what could be a more sustained higher-volatility environment going forward. If so, this would be great news for sellers of naked put options and covered calls, and I wanted to position myself to take [...]
I went into this month’s options expiration with only a couple of short options positions – one was naked puts and the other covered calls – as I had already taken profits on several other May-expiring options positions earlier this year. Both of these remaining positions also worked out well (see below). I also adjusted [...]
I sold some more naked put options this week to again take advantage of the market’s recent high volatility. In one case I started a new naked put option position and in another I adjusted a short put option position that had moved well into the money (below the strike price of the original put [...]
I sold more naked put options this week (see below) as the market plunged and option volatility exploded. A couple of the new short put option positions were triggered by some existing limit orders during Thursday’s intraday plunge before I had a chance to react, but I was able to adjust some others – before [...]
I sold more put options this week as the market appeared to begin a well-deserved correction while attempting to digest a trifecta of crises: new eurozone fears, more Goldman Sachs fallout, and concerns over the oil spill in the Gulf of Mexico. The result – some tempting opportunities to sell naked put options in stocks [...]
