I’ve made many new options trades recently (see below) as the market has continued to drop and as volatility has continued to rise. With the market looking like it could go lower, risk reduction was my top priority and most of the trades reflect that. Typically this has meant buying back deep in-the-money options (intrinsic [...]
This month’s options expiration was unexciting as far as my short options positions were concerned, which is a good thing. All of my short naked put options expired comfortably out-of-the-money (OTM), allowing me to book profits on the option premiums I collected when I originally sold the options (see details below). I also adjusted an [...]
This month’s options expiration was typical of most from my perspective as an options seller. It was yet another “payday” as I “closed the books” and officially collected the option premiums on the expiring naked put options and covered call options that I’d sold months earlier (see details below). Meanwhile I’ve also been busy initiating [...]
I only had two options positions expiring this options expiration (see below). Both of these naked put option positions were well out of the money going into expiration, and in fact I could have taken profits weeks ago but decided to save on commissions and let them “run out the clock.” I have also recently [...]
I had a good number of naked put options positions expire this past week, all well out of the money (OTM). Consequently I’ve continued to initiate new naked put option positions as the older ones expire, as well as adjusted one or two others, all of which I’ll detail in an upcoming post (been getting [...]
