Thursday, May 7, 2015

Set to Expire: May 8, 2015

Slowing down these days in terms of trading options as I am a little cautious for the month of May!  But most of my trades are selling PUTs... so maybe, I should do a whole bunch as the saying goes: "Sell in May and go away." 

OptionPosition# Days Held
DIS 08MAY2015 103 P-17
MCD 08MAY2015 90 P-18

Today's market is looking much better and currently both $DIS and $MCD is sitting $6-7 per share above my PUT strike prices.  So I'm looking good to let both of them expire worthless and keep my premiums of $59.42 from days back.  Not bad for a 7-8 day gig eh?  


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