I’ve been doing some fast and furious options trading in recent days. Market conditions have not only warranted some significant risk reduction adjustments, but have also presented a slew of new put option selling opportunities, and I’ve been doing both (see below). This recent activity put me even further behind in reporting on my options [...]
I sold quite a few naked put options over the last several weeks/months as increased volatility in both the market and individual stocks presented some interesting option premium selling opportunities. This uptick in volatility came at a good time, as many of my previous naked put option positions had just expired out of the money [...]
I initiated several new naked put option positions in the last several weeks, had another expire out-of-the-money (OTM), and had two stocks called away when my covered calls were assigned. I also adjusted or closed out several options positions, including taking a loss in a naked put position in the VXX volatility ETN that was [...]
I’ve recently initiated several new short options positions, as well as closed out or adjusted a number of others. New positions include naked put options on a financial, a utility and an industrial stock, and covered calls against a long position in a natural gas partnership that lately seems able to move in only one [...]
I recently initiated two new short put option positions – one in a bank stock that’s down almost 40% from its recent highs and the other in a volatility ETN (see details below) that’s likely to have a negative correlation to the market. The latter position could be expected to act opposite to, and as [...]
