$AHP.TO trading at $15.88/share
SOLD 5 $APH.TO Sep14'18 14 PUT @CDE @ 0.75
$LMT trading at $324.38/share
SOLD 1 $LMT Dec21'18 345 CALL @ 4.35
I still have my assigned 100 shares from this post. Sold 100 shares at realized profit of $692.91 on April 20th... but I had cover call on the last 100 shares that was after earnings and share prices drop dramatically. I've been trying to get rid of 100 shares for a while, but my avg now for my assignment is $336.74 per share. Hopefully, I can get rid of my shares by end of the year. With selling this covered call, it will reduce my cost to $332.39/share by expiry date.
Monday, August 27, 2018
Friday, August 17, 2018
Realized Profits for the Week: $451.00
Positions opened in July 2018 to collect on premiums by selling PUTs. Both expired worthless.
| Option | Accounts (Position) |
| SBUX 17AUG2018 48 P | Realized $53 USD(-1) |
| TD 17AUG2018 74 P | Realized $150 CAD(-2) |
I also realized $61 USD from BTO $SPY PUT as mentioned in previous post and $187.00 USD from BTO $MA CALL.
| Symbol | Trade Date/Time | Settle Date | Exchange | Type | Quantity | Price | Proceeds | Comm | Fee | |
|---|---|---|---|---|---|---|---|---|---|---|
| MA 28SEP18 200.0 C | 2018-08-15, 15:52:01 | 2018-08-16 | NASDAQOM | BUY | 1 | 5.9300 | -593.00 | -0.78 | |
| MA 28SEP18 200.0 C | 2018-08-16, 13:39:46 | 2018-08-17 | CBOE | SELL | -1 | 7.8000 | 780.00 | -1.10 | |
Thursday, August 9, 2018
NVDA trade @ $256.34, STO $225P @ $2.46 expiry date Sept 21, 2018
8/9 $NVDA @ $256.34
Sell to Open Sept21 225p @ $2.46
Earnings Report on Aug 16th
In order for me to lose money, the stock would have to drop below $222.54 per share (13% drop from current trading price).
Friday, August 3, 2018
SPY trade @ $283.27, BTO $283P @ $2.35 expiry date Aug 31, 2018
Option Trade:
Buy to Open PUT strike @ $283 when $SPY was trading at $283.27 on August 3, 2018. The premium I paid was $235.00 + commission of $0.71 with expiry date of August 31, 2018. Cost of trade is $235.71.
Reason: I am betting $SPY will go down at one point in August below $283, but time decay is of the essence. The fast $SPY dips below $283, the quicker I can exit my trade with a gain. Let's say by the end of the day $SPY goes down to $282... I can potential close my trade for $100 profit of the $235.00 I paid out.... Netting 43% on very little money gambled. But if $SPY goes above to $284, I can potential close my trade for $100 loss as well. It is very price sensitive... that is if I decide to cut my winnings or losses in a day. But I bought 20 trading days to see the price fluctuate...
Update: Aug 10th - blew my chance to get out with a $40 gain. All week, I've been down of upwards of $100 loss... but I just never know when the market will turn... got another 3 weeks to see it burn.
Aug 13th - sold my $283 PUT when $SPY was trading at $282.23 per share for $59 profit, 25% gain. Early morning hours, $SPY was trading above $283.00 and I was down $40. This goes to show you how fast a trade can turn on you. So I am making an exit before it rises again, but of course it always drops some more after I sold it. UGH.
Buy to Open PUT strike @ $283 when $SPY was trading at $283.27 on August 3, 2018. The premium I paid was $235.00 + commission of $0.71 with expiry date of August 31, 2018. Cost of trade is $235.71.
Reason: I am betting $SPY will go down at one point in August below $283, but time decay is of the essence. The fast $SPY dips below $283, the quicker I can exit my trade with a gain. Let's say by the end of the day $SPY goes down to $282... I can potential close my trade for $100 profit of the $235.00 I paid out.... Netting 43% on very little money gambled. But if $SPY goes above to $284, I can potential close my trade for $100 loss as well. It is very price sensitive... that is if I decide to cut my winnings or losses in a day. But I bought 20 trading days to see the price fluctuate...
Update: Aug 10th - blew my chance to get out with a $40 gain. All week, I've been down of upwards of $100 loss... but I just never know when the market will turn... got another 3 weeks to see it burn.
Aug 13th - sold my $283 PUT when $SPY was trading at $282.23 per share for $59 profit, 25% gain. Early morning hours, $SPY was trading above $283.00 and I was down $40. This goes to show you how fast a trade can turn on you. So I am making an exit before it rises again, but of course it always drops some more after I sold it. UGH.
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