Someone finally took my GM stock for the dividend. Total loss of $321 after 22 or so weeks of rolling. Could have been worse, at one point was down almost 4k.
Rolling works but names with higher premiums work better. For those following #pietrades GM is off the list. Plenty of better opportunities out there.
#earlyassignment #coveredcalls TLT
Assigned on a May/June 121 put calendar, sold the June put, then sold a June 15, 120 call, cost basis of 116.94.
#VXXGame Doing a @fuzzballl style #ReverseRoll on this one. My naked call was bound for #EarlyAssignment any day now so I finally closed it. Getting some of that premium back with an ITM put spread. If we have a significant drop before June, I can sell the long put and take assignment of the stock at a decent cost basis.
Closed $SVXY Jan 16th 97.5 call for 38.35. Sold as the 195 call for 6.25 on 1/6/17, exactly a year ago…. cost basis 3.125, so not a great trade!
Sold SVXY June 150/110 put spread for 18.40. So for instance if SVXY dips to 80 at June expiration, I would get the stock at 101.60 cost basis. I’ll be looking for another roll on the next pullback.
$CELG 1/05/2018 115 put assigned. Basis 112.55
Will sell Tuesday most likely
$SWN #EarlyAssignment – Assigned of some SWN Dec 6 Puts overnight. Too bad because the stock was at 5.90 Tuesday morning. However I’m holding the stock into the new year. It’s only 0.40 away from the 1 year low and I’m sure it’s subject to end of year tax selling pressure.
Originally sold these SWN Dec 15 2017 6.0 Puts @ 0.75 so it’s pretty much like buying the stock right here at 5.25.
#Earnings #EarlyAssignment #LongStock
I was assigned on all $STMP Dec 1st 200/180 put spreads, so now I only carry long stock. I just sold the last long put for 4.00. With all the selling of naked options, put spreads, and finally the long puts left after short puts in the spreads were assigned, my cost basis is 179.62. About where we’re trading now. I’ll start peeling this off before it returns to 200.
#shortputs #earlyassignment MAT
Aug. 8 I sold a Jan. 18 put for 1.25. Yesterday I as assigned 100 shares of MAT. I don’t understand why that happened, and especially why it happened to me, heh heh. I also am short a Dec. 15 20 put in MAT. MAT currently going for 13.95-buy hot wheels and Barbies for your children, grandchildren, kids in the neighborhood…