This week as the market bounced and volatility once again dropped back toward normal levels I made only one options trade. It was to adjust some covered call options on a losing position that I’m looking to weed out of my portfolio (see below). In the meantime I was intrigued by a post by Alex [...]
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 opportunities presented themselves as the market fell sharply and volatility expanded. The sell-off so far appears to be a well-deserved correction – one that’s going about doing its job of scaring market participants quite effectively. Many individual stocks are at or fast approaching intermediate-term oversold levels, although [...]
An article on Barron’s this past week argues that selling put options is likely to emerge as a key options market theme this year. The article, Monetizing the Fear of Others, notes that – in addition to enabling investors to potentially buy stocks at below market prices – selling put options lets investors “leverage the [...]
The market still hasn’t tipped its hand on whether it’s currently basing at these levels – above the recent lows – before moving higher, or consolidating before moving lower. If the market does move lower in the near term – amidst high bearish sentiment and still extreme oversold technical conditions – it would very likely [...]
