I made many options trades this week. Some were in existing positions to adjust risk – for example rolling out short options positions that were trading in-the-money, and otherwise generally replacing (or closing out) naked put option positions originally sold at low volatilities with new option positions trading at much higher volatilities. I also took [...]
This week I continued to reduce risk and take profits in some existing naked put option positions while remaining ready to sell naked put options on new opportunities as they presented themselves. Thanks to continued market volatility and weakness, I’m beginning to see – for the first time in quite a while – some tempting [...]
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 [...]
