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 put options this past week as volatility spiked higher amidst fears of a “double dip” in the economy and as stocks experienced further weakness. The latter was accompanied by a chorus of technical pundits predicting much lower prices to come, but the truth is the technical picture will continue to look bad [...]
I’ve made a number of options trades in recent weeks – some to reduce risk, others to take advantage of new option selling opportunities resulting from increased volatility. This week I mostly (but not entirely) took a step back while waiting for the market to further tip its hand. At the same time I’ve been [...]
I made several options trades this week as option volatility continued to drop back down to more normal levels. Considering the possibility that this could be just a prelude to another spike higher, I elected to continue to selectively reduce risk in some of my existing short naked put option positions (see below) by adjusting [...]
I made many options trades this week. Some were in existing positions to adjust risk – for example rolling out short options positions that were trading in-the-money, and otherwise generally replacing (or closing out) naked put option positions originally sold at low volatilities with new option positions trading at much higher volatilities. I also took [...]
