Market volatility certainly picked up since last month’s options expiration but it didn’t affect my March-dated short put option positions, all of which expired well out of the money (see results below). Meanwhile, as option premiums went up and stocks went down, I continued to initiate new naked put option positions, which I’ll cover in [...]
Here’s a quick recap of last month’s (February’s) options expiration results, which were not especially eventful. I’ve also recently initiated a number of new naked put option positions, which I’ll get to in another post. February options expiration results: Beckman Coulter [[BEC]] – The February 50-strike put options I sold against BEC on 7/22/10 as [...]
Here are the results from January options expiration. I had almost 20 naked put and covered call option positions expiring. This is much more than usual, and reflects the fact that a good number of these positions had been rolled out from initial positions into long-term LEAPS as risk reduction trades. But also of particular [...]
Opportunities to sell put options have been getting harder to find in recent weeks as the market has continued to move higher and volatility has dropped back to April 2010 levels. Selling cheap options against expensive stocks doesn’t appeal to me, so instead I’ve been mostly adjusting positions and selectively buying back some put options [...]
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 [...]
