As discussed in an earlier post, I am selling options in a margin account as a means of generating additional income on my investment portfolio. Up to now, I have sold naked puts and today I entered my first covered strangles with SPY and QQQ as the underlying. I am...
Naked Put Option Trades for the Week Ending October 16, 2020
Over the past week, I closed my MSFT and UNH trades for solid profits and opened new short put trades in PYPL and BABA. I stated in an earlier post that selling naked puts on liquid US stocks since May feels much too easy. The following two charts provide a partial...
Covered Strangle with SPY
If you haven't heard of a covered strangle, don't be alarmed. It is a relatively simple stock and option combination that is rarely discussed in the financial media. Essentially, a covered strangle is a covered call plus a short put. Given that a covered call is a...
Put Option Trades for the Week Ending October 09, 2020
The US equity market continues to provide a favourable environment for those of us individual investors generating income for our personal portfolios through the selling of put options on liquid stocks. In the past week, I closed my MU trade and sold UNH and AAPL...
Put Options for the Week Ending October 02, 2020
This past week I sold puts on MU, MSFT and UNH. Also, I closed the BABA trade for my highest annualized return so far this year. If you perform a Google search on "selling put options for income" you will likely see on the first page of results a number of YouTube...
Put Options for the Week Ending September 18, 2020
No put options met my criteria this past week so no new positions were opened. The HLT puts that I sold on August 28 hit my buy target price and that trade was closed for a 77.8% gross profit over a 19-day holding period. The table below shows my put option trades...
Put Options for the Week Ending September 04
Earlier this year, I began selling puts on US stocks as a means of increasing my portfolio value beyond that which I am achieving with tactical asset allocation using ETF's. Over the course of the past number of months, I believe I have improved my ability to select...
Tactical Asset Allocation and Options Selling
The style of investing I use is most commonly known as Tactical Asset Allocation (TAA). The majority of investors who employ this style of investing with liquid ETF's probably reallocate at the end of each month. Personally, I reallocate three times each month for a...
Improving Your Web Site At No Cost
If you have your own web site, have you ever tested for broken links? The more broken links a web site has, the lower its Google Ranking will be. I don't profess to be an expert in this field but I recently ran a test on my site and found that a number of links no...
Seth Godin: Your Competitive Advantage
Every so often, Seth Godin writes a post that hits home for me. I love this latest post of his: Are you going to succeed because you return emails a few minutes faster, tweet a bit more often and stay at work an hour longer than anyone else? I think that's unlikely....