Covered Call and Naked Put Trades for the Week Ending October 01, 2021

by | Oct 2, 2021 | Systematic trader

As we are heading into earnings season and my outlook is Bullish-Neutral, I expect to open a low number of trades in the coming weeks.

September 27

Tesla (TSLA) – Opened Naked Puts

Tesla continues to show up on my naked put filter so I sold puts again.

Tesla Naked Put


Eli Lilly (LLY) – Established Covered Strangles

I sold covered calls on LLY last week and today I sold an equal number of naked puts thereby establishing covered strangles.
Eli Lilly Naked Put


September 28

Apple (AAPL) – Opened Naked Puts

Apple Naked Puts


Paypal (PYPL) – Opened Naked Puts

Paypal Naked Put


Short Term Equity Market Outlook

Based on the following chart, my short-term outlook for US equities is Bullish-Neutral.

S&P 500 Equal Weighted Price Chart


All the best in trading and in life.