Stock Trades for the Week Ending November 19, 2021

by | Nov 19, 2021 | Naked Puts | 0 comments

November 15

Cedar Fair (FUN) – Purchased Shares at $47.51

Cedar Fair Chart

 

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.

Tesla Naked Put

 

November 17

Facebook (FB) – Purchased Shares at $343.58

Facebook Price Chart

 

Digital Turbine (APPS) – Sold Shares Held

My first closed equity trade for shares purchased with no calls sold was a disappointing one as the trade lost 10.2% in six days. I set up a 10% trailing stop on my holding of APPS and that stop was triggered today. The basis of the stock selection is solid and I know that trade results like this will happen.  The recent history of the strategy I am using provides individual trade returns ranging from -11% to 40% so this trade was at the extreme end of likely losses. Onto the next trade.

 

November 18

Teck Resources (TECK) – Purchased Shares at $26.25

Teck Price Chart

 

November 19

I had four calls expiry OTM this evening so I will decide next week on whether to sell the stocks and close the trades or keep the stocks and sell December calls.

I closed several naked put trades just before the close today. My updated naked put trade table is presented below.

Naked Put Trade Table

 

Open Trades

My open trades can always be viewed here.

 

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