rknight52 7:50 am on Friday, February 19, 2016

Another AMZN spread closed.

Closed another AMZN spread. Feb 19 540/545 call spread. STO yesterday for .80 and BTC now for .06.
92.5% of max profit in a day.

thomberg1201 7:55 am on Friday, February 19, 2016

What’s your plan for $SWHC-sorry if you’re not the person in it.
- rknight52 7:59 am on Friday, February 19, 2016
  
  Don’t think I’ve posted on that, but I do have covered calls in $SWHC that will probably get it called away from me today. Bought the stock on 2/10/16 with the Feb 19 23.00 covered calls for cost basis of 21.62. Will probably get called away today at 23 for a 6.3% return in 9 days. I’ll take that any time! I will let it get called and wait for a pull back, if any, to re-enter.
  
  Now, looking back, I guess I did post on that last week! Short memory here.
  - thomberg1201 8:04 am on Friday, February 19, 2016
    
    I followed on that and have similar numbers. I’m tempted to roll, nice premium next month with earnings coming up. Thanks
    - rknight52 8:17 am on Friday, February 19, 2016
      
      I’m just trading with what works for me. I’m glad to take profits or allow them to be given to me as in this case. I’ve spent too many times and too much money trying to “repair” things that didn’t work later. This was my initial plan and I do best when I stick with my initial plan. I’m still learning so much in options and my biggest recent learning aspect is to gladly take profits, even taking them early, and then actually having cash to redeploy. The learning curve in options can be extremely painful and I’ve got bruises and scars to prove it. Glad to be healing up nicely recently!
      - thomberg1201 8:39 am on Friday, February 19, 2016
        
        We’ve been to the same clinic, thanks for your insight. My original plan was to hope to get called away, I’m sticking with it too.