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%...

Thanks to strong oil prices in the past month, my naked put trades in Marathon Petroleum and Exxon Mobil which were opened in February were closed profitably today. The naked put trade that I opened today was for PayPal and was based on Mar-26 $235.00 puts which I...

On March 03, I sold naked Mar-12 $220.00 puts on Square at a price of $2.51. As the price of Square closed on Friday well above the strike price of $220.00, the puts have expired and I will not be assigned the shares. This option trade generated an annualized return...

This past Tuesday wasn't a great day for some of the stocks that I have sold puts on. Three of the stocks were down by more than 8% early in the trading session. Sharp price declines like that will test your ability to stay cool in the face of potential investment...

Selling put options for income certainly doesn't rank up there with all the excitement recently in short squeezes and cryptocurrencies but, then again, it shouldn't. If you arrived at my site looking for excitement, you are going to be beyond disappointed! Selling...

Since I last posted, I have closed seven naked put option trades and opened four new ones. Towards the end of this past week, I didn't find any new trades that I felt comfortable with taking on. The market feels risky to me right now. That feeling is confirmed by my...

This past week, I bought back two puts: MRVL for an annualized return of 39.4% and INTC for an annualized return of 59.5%. With those trades closed, I opened two new trades: a Feb 19 $44.00 MRVL naked put and a Feb 19 $140.00 QCOM naked put. MRVL QCOM Currently, I...

With all the chatter on Twitter lately about jaw-dropping gains in the prices of Tesla and Bitcoin, writing a post about selling put options feels excruciatingly boring! It's as though I am in a community of one. Mind you, there is a small portion of my investment...

I am posting this before the end of the week given that Christmas Day is on Friday. Since starting to sell naked puts earlier this year, I have now closed 38 trades with a median annualized return of 14.7% after commissions. Both the S&P 500 and the Nasdaq 100...

With US equity markets continuing to be strong and the VIX remaining above 20, conditions are still favourable for selling naked puts on select stocks. I discovered a site this weekend that you may find of value if you invest in individual US or Canadian stocks....