Sold IBM APR 20 2018 140.0 Put @ 4.30
Gets the stock at 135.70 with a 4.4% divvy at that level. Throw in a few covered calls annually and it’s decent return….
#FallingKnife possibility. I’ve been selling covered calls (cautiously) against it. Looking at a possible long term trade there too. Great weekly premium….
Closed Nov 20th 2585/2560 put spreads for 6.40. Sold for 6.10 last Monday.
Not rolling yet. Watching for next strong move and will sell in that direction, or a condor.
Closed Nov 24th 2625/2650 call spreads for .40. Sold for 1.75 on Oct 27th.
#VXXGame – Highest strike is 26 in the new ones. Already 448 on the volume. Nothing for me yet…
Never traded this one before. Stock has imploded but momentum seems to be slowing.
Sold $TTD Dec 15 45 puts @ 1.45 with the stock at 47.79.
#Commissions – Well they were a lot more accommodating this year and gave me what I was asking as far as options go. They are about even with Tastyworks now. I’ll go after the stock commission again next year and the exercise fees. I think they’re seeing the reality of things finally!
Sticker back in the drawer for now…