Stock Options Trades for the Week Ending July 30, 2021

by | Jul 30, 2021 | Covered Calls

The stock market continues to propel higher thereby making it relatively easy to generate somewhat consistent income selling covered calls and naked puts. As the saying goes but in a different context, “this too shall pass”. If you have read my posts over the past several months, you will have noticed that I expressed my opinion that it is very easy for me to produce profitable trades recently. I will enjoy it while it lasts and definitely have the pedal to the metal (i.e. a high allocation to US stock trades).

July 26

Tesla (TSLA) – Naked Puts Opened

About four hours before Tesla released its quarterly earnings report, I sold naked Aug-06 $820.00 puts which will generate an annualized profit of 28.9% if the puts closed OTM.

Tesla Naked Put

July 28

Wendy’s (WEN) – Covered Calls Opened

Wendys Covered Call

July 30

Carnival (CCL) – Naked Puts Opened

Carnival Naked Put

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