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...

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...

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...

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...

Only Etsy passed my naked put screener today and I had room left in my account to initiate another naked put trade so I sold Apr-30 $195.00 puts for $3.60 which provides an annualized profit potential of 37%.

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...

I bought back the naked puts I had sold earlier on Square thereby closing the trade with a 66% annualized profit.

Before I discuss today's trades, I want to welcome new subscribers to my email list. As I do not promote my site, I am intrigued by the interest from folks all over the planet. My last four subscribers are from Australia, India, the United States and Canada. The top...

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...

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...