New Trade – Taser Int. (TASR) put selling

As soon as I closed my GME trade I opened a new trade against TASR. I wanted to open a trade still with April expiration, but I wasn’t able to find one which would bring me enough in premiums and be within my margin maintenance requirements. Well, my account is still small to trade freely Continue reading →

Trade exit – Gamestop (GME) put selling buyback (2.29% profit)

At the beginning of March, on March 13 to be exact, I sold a put contract against GameStop (GME) with 34 strike and April expiration. You can read a previous post about this trade in this location. Today the contract became worthless and I could buy it back for 5 dollars a contract without paying Continue reading →

New Trades (GME, GLW, O, TASR) put selling – closing trades and opening new for average 8% profit

New Trades (GME, GLW, O, TASR) put selling - closing trades and opening new for average 8% profit

During March I made a few more trades which I haven’t reported due to lack of time. I decided to close a trade against Realty Income (O) where the option was traded at 0.05 per contract, so I bought the put option back. The return on investment for this trade was 8.58% ($316.00). This trade Continue reading →

New Trade – Taser Int. (TASR) and Realty Income (O) put selling

New Trade - Taser Int. (TASR) and Realty Income (O) put selling

As soon as I bought back a few of my put contracts (SWY and TASR) I released my maintenance cash and was allowed to open another trades. I was searching for new candidates for put selling and these days it became difficult to find some which would provide nice and juicy premiums. It is an Continue reading →

Trade exit – Taser Int. (TASR) put option buy-back (14.94% profit)

Trade exit - Taser Int. (TASR) put option buy-back (14.94% profit)

This is a trade I forgot to report, so, I am doing so now. I had another put selling contract against TASR, which reached $5 or 0.05 per contract on March 4, 2014. Therefore it didn’t make sense waiting for expiration to get this option removed from my account as worthless. By buying back this Continue reading →

Trade exit – Safeway (SWY) closing trade (9.73% profit), merger with Albertsons and options effect

Trade exit - Safeway (SWY) closing trade (9.73% profit), merger with Albertsons and options effect

Although, it is not a done deal yet, you may have noticed that Safeway (SWY) is undergoing a merger with Albertsons retail owned by a Cerberus Capital Management LLC. This merger will have a few significant effects on your trading and your positions, let alone the effects on Safeway’s brand and business itself. Let’s review Continue reading →

New trade – Taser Int. (TASR) – closing old trade (14.94% profit) opening new put selling trade

Today, I decided to close my put selling trade which was about to expire this month. The reason was that the option contract was valued at 0.05 (or $5.00) and closing that trade with my broker was free (if the option is priced at $5 or less TD Ameritrade doesn’t charge a commission), so there Continue reading →

Trade adjustment – AT&T (T) put selling roll over

Trade adjustment - AT&T (T) put selling roll over

Today I decided to roll over my existing put selling trade against AT&T (T). I had a trade which was expiring next month: -1 April 18, 2014 34 strike put As the stock continued drifting lower and it hit $32 a share this morning, and continued lower, I decided to roll this trade to a Continue reading →

New Trade – Coca-Cola (KO) – put selling

New Trade - Coca-Cola (KO) - put selling

As I wrote in my last post, we had an expiration Frioday last week. I had two put selling trades in play which expired that day. It was a put contract against the following stocks, which would bring me a monthly income: Demand media (DMD) total gain from this trade: $41.21 Ferrellgas Partners LP (FGP) Continue reading →

Trade adjustment – Safeway (SWY) put selling rollover

Trade adjustment - Safeway (SWY) put selling rollover

As Safeway (SWY) was drifting lower and keeping my spread between the stock price and strike wider I decided to rollover the trade once more. I already rolled this trade lower once, you can see the trade in this post. I had the opportunity to roll down my strike and slightly further away in time Continue reading →