Money and Finance
Last Friday was the third Friday of the month and that means option expiration for those that use them. I like when expiration Friday rolls around because it means I'm getting to purchase shares in quality companies or getting to turn a nice profit for waiting. In general I look to achieve a 10% annualized return if the option expires out of the money or a cost basis that is at a price I'd be willing to purchase anyways. That's why I like options because as the name implies there's multiple outcome possibilities.
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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...
- Recent Option Transaction
Well the third Friday of October rolled around and that means that it's expiration day for those that dabble in options. I had originally sold a call option on 100 shares of HAL which I purchased through the ESPP program at work back in August....
- Option Expiration Friday And A Closed Option
The 3rd Friday of May just rolled around. What? Already? And with that comes option expiration. Two of the puts that I sold expired this past Friday and I also closed one out late last week. Work's been busy and the satellite has been very...
- Recent Transaction
With today being expiration Friday, I figured we'd revisit the call options that I sold on 200 shares of Bank of America back in mid-August. I originally performed a buy-write of 200 shares which involves purchasing the shares and simultaneously...
- Recent Transactions
Today I sold 2 option contracts in an attempt to add some more income. The first contract that I sold was the BAC Jan 18 2014 $7 Put for $1.73. If the option gets exercised then my cost basis for this transaction will be $5.27. If the option expires then...
Money and Finance
Recent Option Transactions
Last Friday was the third Friday of the month and that means option expiration for those that use them. I like when expiration Friday rolls around because it means I'm getting to purchase shares in quality companies or getting to turn a nice profit for waiting. In general I look to achieve a 10% annualized return if the option expires out of the money or a cost basis that is at a price I'd be willing to purchase anyways. That's why I like options because as the name implies there's multiple outcome possibilities.
Read more »
- 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...
- Recent Option Transaction
Well the third Friday of October rolled around and that means that it's expiration day for those that dabble in options. I had originally sold a call option on 100 shares of HAL which I purchased through the ESPP program at work back in August....
- Option Expiration Friday And A Closed Option
The 3rd Friday of May just rolled around. What? Already? And with that comes option expiration. Two of the puts that I sold expired this past Friday and I also closed one out late last week. Work's been busy and the satellite has been very...
- Recent Transaction
With today being expiration Friday, I figured we'd revisit the call options that I sold on 200 shares of Bank of America back in mid-August. I originally performed a buy-write of 200 shares which involves purchasing the shares and simultaneously...
- Recent Transactions
Today I sold 2 option contracts in an attempt to add some more income. The first contract that I sold was the BAC Jan 18 2014 $7 Put for $1.73. If the option gets exercised then my cost basis for this transaction will be $5.27. If the option expires then...