Trades for the Week Ending May 07, 2021

May 06 - Closed Two Naked Put Option Trades Profitably. Established a Partial Covered Strangle On Thursday I bought back the SLB and NEM naked put options that I had sold earlier. I paid $0.07 for the SLB puts resulting in a 90% annualized profit and I paid $0.10 fr...

Covered Call Initiated With Eli Lilly (LLY)

The stock market reacted negatively to Eli Lilly's earnings report today pushing the share price down 2.7% at the close. That price action led to Eli Lilly passing one of my screeners so I bought shares at $183.18 and then sold OTM May-21 $185.00 calls for $2.94...