Ratio Back Spreads

Adjusting Call Ratio Back Spread: XLF -> NRZ

Call ratio back spreads is my second favorite option trading strategy, after covered calls.  In today's article, I'm going to share how I adjusted (with a small loss) a suffering call option with an expiry set in just two days. But before…

Latest Stock Buy 120 shares of ET

On April 6, 2020, I bought 120 shares of Energy Transfer LP (ET) paying $5.495 per share.  With its quarterly dividend payout of 0.3050 dollars per share, this latest buy has a dividend yield of 22.2% and will pay us $36.6 (before tax)…

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

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…