May 02 Apple (AAPL) - Shares Sold My sell stop was triggered and my shares were sold for $155.37 representing a 6.1% loss in 14 days. Greenbrier (GBX) - Shares Sold My sell stop was trigged and my shares were sold for $41.57 representing a 7.0% loss in 21 days....
Stock Trades for the Week Ending December 17, 2021
December 14 Reliance Steel and Aluminum (RS) - Purchased Shares This is a Tier 1 trade. I purchased shares as per my position size calculation and set a 5% trailing stop. December 16 Global Medical REIT (GMRE) - Purchased Shares This is a Tier 1 trade. I...
Stock Trades for the Week Ending November 19, 2021
November 15 Cedar Fair (FUN) - Purchased Shares at $47.51 November 16 Tesla (TSLA) - Opened Naked Puts Tesla shares recently spiked up to over $1,200 but are currently trading around $1,039 so I feel comfortable selling low delta, short-duration puts. ...
Covered Call and Naked Put Trades for the Week Ending November 12, 2021
October 08 Caesars Entertainment (CZR) - Opened Naked Puts October 09 The US stock markets declined today so I sold naked puts on GM and Alcoa. As I established covered call trades on both of those stocks last week, the addition of naked puts creates short...
Covered Call and Naked Put Trades for the Week Ending October 01, 2021
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. Eli...
Options Trades for the Week Ending May 14, 2021
This week was a quiet one for me as I was close to my target allocation for US stocks at the end of the previous week so I wasn't prepared to commit much more capital. May 13 Trades Lyft Let's start with a naked put trade that turned into a loss. On May 04 when...
Naked Put Trades Closing on April 30 (ETSY, SQ)
I had two naked put trades close this week: ETSY and SQ. Both had April 30 expiry dates and both stocks closed above the strike today but both trades were closed on April 28 with the buy-to-close trade management orders I had placed. I track the average annualized...
Partial Covered Strangle Set Up with Schlumberger (SLB)
I noted in an earlier post how I established a covered call trade with Schlumberger May-21 $26.00 calls. Today, I set up what I refer to as a "partial covered strangle" by selling May-21 $25.50 puts. I use the word "partial" because I did not sell the same number of...
Naked Put Trade Initiated With Square (SQ)
On Tuesday, I placed an order to sell Apr-30 $225.00 Square puts for $2.10 but the share price rose immediately and my order wasn't close to being filled so I didn't check on it anymore that trading session. As it turned out, the price of Square shares did fall enough...
Naked Put Trades Closing on April 16
I had three naked put trades close on April 16 and each produced a different result. ViacomCBS (VIAC) On April 07, I sold Apri-16 $40.00 puts for $0.32. Late in the trading session on Friday, VIAC was trading below $40.00 and I didn't want to be assigned the shares so...