We have added a few more trades today to our accounts: Roll 1 IWM Sep30 148 call to Oct9 150 call for 0.53 credit With the market renewed rally, we had to roll our IWM trade once again. We rolled it into the next week’s expiration and 150 strike. With the rally, we may Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Archive for 2020
Sold 1 TSN Oct16 (monthly) 56 put for 0.34 credit
We sold a put against TSN stock (Tyson Foods) and collected $34 credit. We plan on holding the put until expiration and generate income. If the put expires worthless, we will sell a new one next month, if the put gets in the money, we will attempt rolling it for credit. If it gets assigned, Continue reading →
Bought 5 PPL shares @ 26.64
We added a few more shares raising our holdings to 85. Once again, our goal is to reach 100 shares so we can start selling covered calls or covered strangles, or what have you to further monetize our position and receive more income than just the dividends.
Looks like the correction is over… boys are chasing the market up again…
If you were waiting for lower prices and wanted to buy in, do it quickly otherwise you just missed the boat. It seems, the 10% correction is over and we are heading up again. Not because anything has changed or the economy improved over Saturday and Sunday, but because the market players just had their Continue reading →
Don’t waste money on $4,000+ seminars with bites for more $$$ seminars
Just now, I have come across an announcement on Youtube about a never ever before and never ever in the future offered trading seminar with pre-lockdown and post-lockdown prices… “literally you get 50% off”… So I went to the website, announcing such a great deal, to check those pre-lockdown and after-lockdown, never seen prices, and Continue reading →
The market keeps struggling, but it’s good folks!
The market struggles to find the ground. A few bounce attempts failed. We are currently down -1.56% and it seems we are heading towards 200 DMA. But this is ultimately a good thing, providing this market with a much needed correction. We rallied up hard with no break or pullbacks and we need Continue reading →
Bought 14 PBCT shares @ 10.29
We added 14 shares of PBCT stock to our holdings in the account #1 and we have reached 100 shares in this account. We will now start selling a covered strangle against this position (covered calls and cash-secured puts) to lower our cost basis. Our current cost basis is $10.86 and we hope to be Continue reading →
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