Simply Puts

October options expiration proved profitable, although anticlimactic, as I closed the books on several more naked put option positions I initiated earlier this year (see details below). The put options I’d shorted were all well out of the money – and the option premiums long gone – by the time options expiration rolled around, so [...]

I’ve recently sold some additional new naked put options and hope to detail them and some previous options sales soon. In the meantime I’ve also closed out or adjusted several existing naked put option positions, as detailed below: Closed/Adjusted positions: Chubb Corp. [[CB]] – On 9/8/10 I rolled out the October 50-strike put options I’d [...]