Money and Finance
Recent Option Transaction
My hopes with every option contract that I enter into is to let it go until expiration; however, sometimes other opportunities come up or you can close it out early for a profit. I really like using both calls and puts as a means to add extra income from your investment capital. Especially put options as you essentially get to set a limit order and get paid if it doesn't execute by a certain date. Not exactly a bad situation. If you're new to options or want calculator to run some different scenarios check out my Learning Center page or this link straight to the spreadsheets.
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Lots Of Options
No this post isn't about all the great investment opportunities that Mr. Market is giving us, it's about all of my recent option trading/selling activity. There's been a lot more activity on this front than I expected to be reporting. My...
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Expiration Friday
The third Friday of July came and went meaning it's option expiration time. Three different options expired on Friday with my 2 call options on Halliburton (HAL) being in the money and my put option on Clorox (CLX) expiring out of the money. So...
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Expiration Friday
The third weekend of each month brings about expiration Friday for anyone that uses options as part of their investment strategy. Some people like to use covered calls to generate extra income, but I'm not a fan unless I'm trying to exit the...
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Mini-options, A Game Changer?
I really like selling both puts as de facto limit orders and calls. For some more information on my option strategy or general information check here and here. Currently one call or put option covers 100 shares. This means if I want to sell a $500...
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Put Options Explained
A lot of people hear the word options with respect to stocks and think it's a high risk venture. While options are for everyone I feel they definitely have a place in a portfolio. I prefer selling put options to call options which I will explain why...
Money and Finance