Naked Put Trade Initiated with Peloton (PTON)

Peloton Yesterday I opened a 7 DTE naked put trade with Peloton by selling Apr-16 $110.00 puts. If the shares aren't assigned to me, this trade has the potential to generate a 31% annualized return.   Trade Table The table below shows the results of my most...

Partial Covered Straddle With Newmont Mining (NEM)

As noted in an earlier post, I purchased shares of Newmont Mining and then established a covered call trade by selling May-21 $60.00 calls. Today, I sold some May-21 $60.00 puts but fewer than the number of calls I sold. This position is what I call a partial covered...

Naked Put Trade with Schlumberger (SLB)

Schlumberger has been passing one of my covered call screens lately so I decided to sell Apr-16 $27.00 naked puts. As the strike price was just below the share price at the time of the sale, the premium I received was significant enough to provide an annualized return...

Peloton (PTON) Naked Puts Sold

Yesterday I sold Apr-01 $100.00 puts on Peloton and today has been a reminder that not all trades go my way. As I write this post, shares of Peloton are down 9% with the market reacting very negatively to news that the company released yesterday about its acquisition...

Gilead (GILD) Naked Put Trade

  Gilead has been passing one of my covered call screens for the past week so I decided to sell short-dated naked puts on it. I sold Mar-26 $63.50 puts at a price of $0.44 each. If the price of Gilead closes above $63.50 on March 26 then I will have earned 33.7%...