option trading

Options Trading: Sold 3 Puts AGN:AMS JUN 19'20 2.2 @0.24

May 02, 2020
On April 16, 2020, I sold 3 puts on AGN:AMS JUN 19'20 2.2 @0.24 AGN:AMS stands for Aegon NV which traded on Amsterdam stock exchange.  This options trade comes as an idea to cut losses on a closed ratio put back spread on RDSA. I could roll forward that trade, but I didn't want to sit on a losing trade...

Best Budget Laptop for Stock and Options Trading

April 27, 2020
For trading stocks these days you don't even need a computer, most can be done using a mobile app. As an active trader, I prefer both platforms. Mobile is good on the go, but for more sophisticated​ trades (especially options trades) laptop or a desktop computer might be your answer. While there are some...

What Happens to Options While Stock is Doing Reverse Split

April 18, 2020
On March 24, 2020, I bought both call and put ratio back spread options on XOP ETF. A couple of days later I was reading on SeekingAlpha that XOP is doing a reverse stock split (4:1) My first question was  - what happens to my options now I'm currently holding on XOP ETF. In today's ...

Latest stock Buy:100 shares of NRZ (For Speculation in Options Market)

April 11, 2020
On April 9, 2020, I bought 100 shares of New Residential Investment Corp (NRZ) paying $5.75 per share. This time I bought it not for dividends, but for speculation in the options market.  Let me explain, NRZ has been on fire lately a lot - tanking from above $16 in December 2019, to...

Latest Stock Sale: 100 Shares of ET Called Away

April 09, 2020
On April 3, 2020, 100 shares of ET I hold were called away. This comes just shortly I sold the following call ratio back spread back on ET back on March 25, 2020 Sold 1 call ET 5 @ 0.32 Bought 2 calls ET 6 @ 0.09 My hope was that ET will either stay below strike price 5 or will explode...

Income Goal For Dividends and Option Trading Q1 2020 ($1,200/mo)

January 14, 2020
I have a goal to make at least $1,200 per month for the next 3 months of the year in dividend income + selling options. Every quarter I create a brief income plan/goal laying out plans for the next three months. Last quarter (Q4 2019) I had a plan to take $1,000/mo from the financial markets,...

Tesla Stock Project

December 17, 2019
It was on early November 5th, 2019 morning, I was reading an interesting story about a guy buying a Tesla car for his sons 9th birthday, here is the story in brief: What is #TSLA4Tesla project? I am not into cars. My son, Arian, 8 years old, is different. He loves cars. Sometimes back, he got in love with...

Selling Covered Calls: ITM vs OTM

December 13, 2019
Selling covered calls has been one of my favorite options trading strategies. A covered call refers to a transaction in the financial market in which the investor selling call options owns the equivalent amount of the underlying security. To execute this an investor holding a long position in an ...

#54 T NOV 15'20 33 Put Sell @1.45 (Roll Forward)

October 08, 2019
On August 5th, 2019, I made the following put sell - T NOV 15'20 33 Put Sell @1.45 - actually I rolled forwarded a trade I originally opened at the start of August and which approached to the expiration in the money zone. Not willing to be assigned yet - I roll forwarded this trade to November 2019 and...

Income Plan From Dividends and Option Trading Q4 2019 ($1,000/mo)

October 02, 2019
I have a plan to make at least $1,000 per month for the next 3 months of the year in dividend income + selling options. Here is the long story short - I've been investing in dividend stocks since early January 2017, fast forward to the first quarter of 2019 and I've started writing puts and calls on...

#61 ET APR 17'20 13 Put Sell @1.08 (Roll Forward)

October 01, 2019
On August 21, 2019, I made the following put sell - ET APR 17'20 13 Put Sell @1.08 - actually I rolled forwarded a trade I originally opened at the start of August and which approached to the expiration in the money zone. Not willing to be assigned yet - I roll forwarded this trade to April 2020 and lowered...

#57 ET JAN 17'20 13 Put Sell @0.89 (Roll Forward)

September 24, 2019
On August 12th, 2019, I made the following put sell - ET JAN 17'20 13 Put Sell @0.89 - actually I rolled forwarded a trade I originally opened at the start of July and which approached to the expiration in the money zone. Not willing to be assigned yet - I roll forwarded this trade to January 2020 and lowered...

#55 ET JAN 17'20 13 Put Sell @1.07 (Roll Forward)

September 17, 2019
On August 6th, 2019, I made the following put sell - ET JAN 17'20 13 Put Sell @1.07 - actually I rolled forwarded a trade I originally opened at the start of July and which approached to the expiration in the money zone. Not willing to be assigned yet - I roll forwarded this trade to January 2020 and lowered...

#53 ET JAN 17'20 13 Put Sell @1.08 (Roll Forward)

September 10, 2019
On August 5th, 2019, I made the following put sell - ET JAN 17'20 13 Put Sell @1.08 - actually I rolled forwarded a trade I originally opened at the start of July and which approached to the expiration in the money zone. Not willing to be assigned yet - I roll forwarded this trade to January 2020 and lowered...

#63 Covered Call Sell: WPG SEP 20'19 2.5 @0.9 (Dividend Capture)

August 31, 2019
On August 23rd, 2019, I sold the following covered call -  WPG SEP 20'19 2.5 @0.9. I entered this trade for a speculative reason and to learn a new technique - capturing a dividend On dividend.com I noticed that WPG has kept a dividend at $0.25 per share, and is going ex-dividend on August 30...