Stock Option Trades for the Week Ending July 02

by | Jul 2, 2021 | Covered Calls

June 29

AbbVie (ABBV) – Partial Covered Strangle

I have an open covered call trade on Abbvie and sold some naked puts to set up a partial covered strangle.

AbbVie Naked Put

June 30

Starbucks (SBUX) – Partial Covered Strangle

The price of SBUX was down about 0.5% so I sold some naked puts which, combined with my covered calls, established a partial covered strangle.

Starbucks Naked Put

July 01

Disney (DIS) – Opened Covered Calls

With my Market Meter providing a reading of 10, I am selecting strike prices for my covered calls a little higher in the past.

Disney Covered Call

Abbott Laboratories (ABT) – Closed Naked Put

I bought back the ABT naked put for a small profit and that trade converts my partial covered strangle back to a covered call.

Abbott Naked Put

AbbVie (ABBV) – Rolled Covered Call

I rolled my ABBC covered calls by buying back the Jul-16 $120.00 calls for $0.08 and selling Aug-20 $120.00 calls for $1.14.

AbbVie Covered Call

As always, you can see my open trades at anytime here.