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...

Price action in technology stocks and the associated options today provided me with the opportunity to sell naked puts that passed my screen. Of the handful of puts that passed my screen, I selected to sell naked puts on Square and CrowdStrike with potential...

Today was a good day for traders with puts expiring as the market finished the week on a strong note. The positive price action resulted in two of my naked put trades closing with the stock price above the strike which means I didn't have to take any action today and...

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 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%...