Money and Finance
This morning I sold another put option, this time on Coca-Cola (KO). With the bargains being harder to find I've been looking more towards selling puts to add to my passive income either through option premium or by purchasing shares in companies that I want to own at prices I like. The reason I like selling puts is that you essentially get paid to set a limit order and if you choose the right combination of strike and expiration date you can usually get a solid annualized return on the put contract. For more information on what I look for when selling puts check out this post.
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- 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...
- Recent Transaction
Yesterday I sold another call option on some of my shares of HAL, my ESPP shares. I'm currently way overweight my employer's stock. I have just over 184 shares from the first purchase that went through that has already reached LTCG treatment...
- 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...
- Options Update
With Intel closing on Friday at $23.13 my September 22 2012 $25 put option was exercised. You can see the details and thought process of my selling the put option here. By selling the put option I received $52.01 in premium. In order to calculate...
- 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 Transaction
This morning I sold another put option, this time on Coca-Cola (KO). With the bargains being harder to find I've been looking more towards selling puts to add to my passive income either through option premium or by purchasing shares in companies that I want to own at prices I like. The reason I like selling puts is that you essentially get paid to set a limit order and if you choose the right combination of strike and expiration date you can usually get a solid annualized return on the put contract. For more information on what I look for when selling puts check out this post.
Read more »
- 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...
- Recent Transaction
Yesterday I sold another call option on some of my shares of HAL, my ESPP shares. I'm currently way overweight my employer's stock. I have just over 184 shares from the first purchase that went through that has already reached LTCG treatment...
- 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...
- Options Update
With Intel closing on Friday at $23.13 my September 22 2012 $25 put option was exercised. You can see the details and thought process of my selling the put option here. By selling the put option I received $52.01 in premium. In order to calculate...
- 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...