Archive for the 'Expirations' Category

February options expiration: Short put options on SO, ABT, SFL & more!

This was February options expiration and yet another “payday” of income generated from selling naked put options.

January option trades and expiration: FCX, HOG, COP, NYX, VZ, WMT & more!

This turned out to be an eventful options expiration. Not only did I have a lot of short put and call options positions expiring – some dating back to the days of the market panic – but the day’s sell-off also triggered a number of new short put positions.
First, here are [...]

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 [...]

November options trades: GMR and DDR

This past week was options expiration and only the third or fourth time this year I was assigned a short put option. I had ample time prior to expiration to close (buy back) the position at a profit, but elected to be put the shares and initiate a position in the stock (General Maritime) [...]

October options trades and expiration: ERF, PGN, VIX & more!

This past week was October options expiration and I had the following short put options positions expiring:

Enerplus Resources (ERF: 23.24 0.00%, yld: 8.49%) – The October 17.5-strike puts I sold against ERF on 7/14/09 expired out-of-the-money (OTM) for a 3-month net return of about 5.9%.*
Sonoco Products (SON: 30.25 0.00%, yld: 3.57%) – The October 17.5-strike [...]

September options trades and expiration: TNP, BMY, O, AEE & more!

This past week was September options expiration and I had the following options positions expiring:

Ameren (AEE: 25.57 0.00%, yld: 6.02%) – The September 25-strike puts I sold against AEE on 2/24/09 as part of a defensive strategy to address losses in my long position in the stock expired out-of-the-money (OTM) for a 7-month net return [...]

August options trades and expiration: PCU, VZ, PG, PWE, HD & more!

This past week was August options expiration and I had the following options positions expiring:

Cal-Maine Foods (CALM: 33.62 0.00%, yld: 2.22%) – The August 17.5-strike puts I sold against CALM on 6/2/09 expired out-of-the-money (OTM) for a 2-1/2-month net return of 2.8%.*
Cintas (CTAS: 26.15 0.00%, yld: 1.84%) – The August 15-strike puts I sold against [...]

July options trades and expiration: BP, MMM, ERF, VIX & more!

This week was July options expiration and I had the following options positions expiring:

BP plc (BP: 56.04 0.00%, yld: 6.00%) – The July 45-strike puts I sold against BP last January (which had themselves been rolled out and down from the January 50-strike puts I’d sold against BP last September) expired out-of-the-money (OTM) for a [...]

June options trades and expiration: DOW, BBT, HD & more!

This week was June options expiration and I had the following options positions expiring:

BB&T Corp. (BBT: 28.82 0.00%, yld: 3.19%) – Some June 17.5-strike puts I sold against BBT on 1/7/09 expired out-of-the-money (OTM) for a 5-1/2-month net return of almost 13%.*
Dow Chemical (DOW: 29.22 0.00%, yld: 2.05%) – Some June 7.5-strike puts I sold [...]

May options trades and expiration: PPG, SYY, GD & more!

This week was May options expiration and I had the following options positions expiring:

AFLAC (AFL: 51.25 0.00%, yld: 2.19%) – The May 17.5-strike puts I sold against AFL last month expired out-of-the-money (OTM) for a four-week net return of 4.1%.*
General Dynamics (GD: 73.68 0.00%, yld: 2.06%) – The May 30-strike puts I sold against GD [...]