Posts about my Options Trades. Covered Calls and Cash Secured Puts.
Options Trading Update We are half way thru the month of July and here is an update of my options trades. I mainly use the wheel strategy, this is where you start off writing a Cash Secured Put until you are assigned. Once assigned you then reverse coarse and write a Covered Call each time…
I can’t believe the first month of 2023 is in the rearview mirror. That went by rather quick and it seems the older you get the faster the days go by. This year the market is starting in the exact opposite of 2022, where last year it went into a straight decline so far 2023…
Here are this weeks option trades. It’s been a steady way to squeeze a little more money out of the portfolio and allows me to reinvest the premiums into my long term holds. I had one open position held over from last week and that was $35 P TQQQ 8/19/22 .76 EXPIRED I held onto…
Here are this weeks option trades. It’s been a steady way to squeeze a little more money out of the portfolio and allows me to reinvest the premiums into my long term holds. I had one open position held over from last week and that was $31.5 P TQQQ 8/12/22 .55 EXPIRED I held onto that…
I was always interested in options but never quite understood how they worked and was just too scared to lose money. I’ve been reading and following a number of investing blogs, mainly dividend invertors like myself and a majority of them write covered calls on their long positions. So after reviewing the process and getting…
Today is not only the end of the week but also closes out the month. This weeks trades: New Options C SOXL 8/5/22 $20.5 0.26 C SOXL 8/5/22 $20.5 0.30 P TQQQ 8/5/22 $25 0.70 CLOSED Expired, Closed, Assigned Options C WBA 7/29/22 $40 0.14 EXPIRED C SOFI 7/29/22 $7 0.08 EXPIRED C…
