Wednesday, June 24, 2015

Set to Expire: June 26, 2015

This is my only action for the week.  It's a nail bitter!  

OptionPosition
FEYE 26JUN2015 50 P-1

Days to expiration (DTE) is 3 days away when I sold this PUT above yesterday as indicated in my Twitter feed.  A quick $10 play here or could this be a $5,000 mistake?


My 2nd day away from DTE... $FEYE dropped 2.33%!!  Sad face.  Come Friday, I need $FEYE to stay strong and above $50/share to let my PUT option expire worthless so I can keep my premium I collected.  

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