fuzzballl 11:16 am on Monday, October 8, 2018
Tags: ShortPuts ( 2,111 )

SOXL

#ShortPuts – Adding one Dec to go with Nov and Feb positions…

Sold SOXL Dec 21 2018 90.0 Put @ 4.10

Ramie 11:20 am on Monday, October 8, 2018

Followed for 4.20. Thanks!
- fuzzballl 11:22 am on Monday, October 8, 2018
  
  I’d love to get the stock down at our put levels. Only monthlies but premiums are very nice…
MamaCash 11:28 am on Monday, October 8, 2018

I’ve done SOXL fuzzies and made good money. I can’t myself sell naked puts though. Not yet. I’m getting there by watching you guys.
Jeff 11:29 am on Monday, October 8, 2018

Interesting one… a 3x-er but doesn’t seem to suffer from compounding drag.

Are you in calls, too, or only puts?
- fuzzballl 11:36 am on Monday, October 8, 2018
  
  For me this one has only been put sales in an IRA due to no weeklies. Good premium even selling 50 to 60 percent below all time highs. This sale is about average coming in at about 23 percent annualized.
  
  It’s held up pretty good since it’s 2010 inception. No reverse and one regular split….
  
  SOXL Split History Table
  Date Ratio
  05/20/2015 4 for 1
  
  Start date: 03/11/2010
  End date: 10/05/2018
  Start price/share: $9.91
  End price/share: $137.55
  Starting shares: 1,009.08
  Ending shares: 1,062.47
  Dividends reinvested/share: $3.69
  Total return: 1,361.43%
  Average Annual Total Return: 36.73%
  Starting investment: $10,000.00
  Ending investment: $146,118.94
  Years: 8.57
  - Jeff 11:51 am on Monday, October 8, 2018
    
    Sold! $SOXL Dec 90 put for 3.80.
    - fuzzballl 11:53 am on Monday, October 8, 2018
      
      🙂 Good luck!