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 [...]
I’ve been doing some fast and furious options trading in recent days. Market conditions have not only warranted some significant risk reduction adjustments, but have also presented a slew of new put option selling opportunities, and I’ve been doing both (see below). This recent activity put me even further behind in reporting on my options [...]
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 [...]
I sold quite a few naked put options over the last several weeks/months as increased volatility in both the market and individual stocks presented some interesting option premium selling opportunities. This uptick in volatility came at a good time, as many of my previous naked put option positions had just expired out of the money [...]
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 [...]
