Two Profitable Naked Puts Trades Closed and One New One Opened

by | Mar 15, 2021 | Uncategorized

Thanks to strong oil prices in the past month, my naked put trades in Marathon Petroleum and Exxon Mobil which were opened in February were closed profitably today.

Marathon Logo
Naked Put Trade Return Table
Exxon Logo
Naked Put Trade Return
Paypal Logo

The naked put trade that I opened today was for PayPal and was based on Mar-26 $235.00 puts which I sold for $2.36 each. As per the table below, this trade could generate an annualized return after commissions of 32.2%.

Naked Put Trade Return