Stock Option Trades for the Week Ending July 23, 2021

by | Jul 23, 2021 | Covered Calls

July 20

American Eagle Outfitters (AEO) – Covered Call Continued

American Eagle Outfitter

JP Morgan (JPM) – Covered Call Continued
JP Morgan Covered Call

Bristol Myers Squibb (BMY) – Covered Call Opened

Bristol Myers Squibb Covered Call

Salesforce (CRM) – Covered Call Opened

Salesforce Covered Call

Closed Covered Calls –
Qualcomm (QCOM), Steel Dynamics (STLD), Vale (VALE), Chevron (CVX)

Closed Covered Calls

July 22

Texas Instruments (TXN) – Covered Call Opened

Texas Instruments provided soft guidance with their earning report yesterday which the market responded to by cutting the stock price by almost 5%. With that price decline, TXN passed one of my covered call screens.

Texas Instruments Covered Call

Snap (SNAP) – Covered Call Opened

This is a trade that isn’t typical of the majority of my covered calls but it came about in the same manner as my NKE and NVAX trades which were very profitable.

Snap Covered Call

July 23

JP Morgan – Partial Covered Strangle

I sold Aug-20 $145.00 puts on JP Morgan which combined with my Aug-20 $155.00 covered calls sets up a partial covered strangle.

JP Morgan Naked Put

Micron (MU) – Covered Calls Opened

I sold Aug-20 $80.00 covered calls for a premium of $0.88.

Micron Covered Call