Money and Finance
Recent Sell and Option Transaction
Well the markets were on a tear to start the week off and it allowed me to capitalize on some opportunities. I was expecting for July to be kind of slow for my portfolio since my capital will be a bit lower since my wife and I are starting to look at buying houses and possibly purchase later this year. On Monday I was able to close out my put option on Lorillard (LO) and while I didn't really want to close it out because I felt I was leaving some profit on the table; I also felt that I was a bit over-leveraged after all of my purchases in June left me with less capital to cover potential option executions. Especially with my Clorox (CLX) put in the money. Of course now it's not so I probably didn't need to close the Lorillard put.
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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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2 More Options Transactions And A Closed Put
I tweeted about all these trades as they were executed but am just now getting a chance to get official write-ups going. On Tuesday, May 21st I sold 2 put options one on Cisco and one on Clorox. And yesterday May 22nd I bought to close the put option...
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Recent Transaction
I'm reporting a trade from yesterday where I bought to close the $39 call option that I had open on HAL. I'm way overweight HAL since they are my employer and I participate in the ESPP program and I need to start selling off some shares. For...
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Recent Transaction
This morning I set a limit order to buy to close my put option on Archer-Daniels Midland (ADM). I was able to purchase the put option back for $0.33 or $33. I originally sold the put option in September at the $26 strike price and received after commissions...
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Option Buyback?
Back in the beginning of February I sold a call option for HAL with a strike price of $42 for $1.60. The option expires on July 20th. Based on the sale if the option expired I would have earned $151.97 over about 5 months. This would have been a total...
Money and Finance