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Posted by Martin May 25, 2017

Options Trade: TECK Iron Condor trade (ROTH IRA)

Opening another TECK Iron Condor in ROTH IRA:   BTO 1 TECK Jul7 14.00 put STO 1 TECK Jul7 16.00 put STO 1 TECK Jul7 21.00 call BTO 1 TECK Jul7 23.00 call   @ 0.35 credit limit   TECK @ 18.64   Trade executed at 0.35 (or $35) credit.   IV of the trade: Continue reading →

Posted by Martin May 24, 2017

New Iron Condor with STX in ROTH IRA

I had an Iron Condor in my ROTH IRA account (unreported in this blog) against Seagate Technology (STX) stock. That trade closed today morning for a full profit. This released our buying power for a new trade.   We are opening a new Iron Condor against STX:   BTO 1 STX Jun30 38.50 put STO Continue reading →

Posted by Martin May 22, 2017

New Iron Condor using TECK in ROTH IRA

My old TECK Iron Condor in ROTH IRA closed today completely for a nice profit of 13.2% in 32 days which released some of my buying power. This allows me to open a new Iron Condor trade using TECK as underlying.   For tomorrow morning I am placing a new trade order:   BTO 1 Continue reading →

ETE triple play – dividend capture trade

UPDATE: May 22, 2017   The trade executed today morning and we collected 0.35 or $35 dollars credit. Now we will wait until expiration which is in June 23, 2017 for the call either expire worthless (if the stock stays below $19.50 strike) or ends in the money (ITM) in which case we will get Continue reading →

Posted by Martin May 22, 2017

TECK Iron Condor trade (ROTH IRA)

UPDATE: May 22, 2017   The trade executed this morning. As the old Iron Condor closed, this new opened and we are in the trade. We collected 0.35 credit or $35 dollars. Now we will wait for this trade to develop. We also placed buy back orders for both our short legs (to buy back Continue reading →

Posted by Martin May 22, 2017

TECK Iron Condor (ROTH IRA)

UPDATE: May 22, 2017 TRADE CLOSED   Today morning, our puts closed for 0.05 debit. This closes our Iron Condor with 13.20% profit in 32 days and 150.56% annualized return.  

Posted by Martin April 28, 2017

April 2017 dividend income

April dividend and options trading in our ROTH IRA account has been very successful. From the dividend income perspective it was the best month so far. Both incomes also helped the account balance growth although the stock market shows a lot of bearishness and fear. However, last few days in the markets boosted the value Continue reading →

Posted by Martin April 21, 2017

AGNC covered call (ROTH)

In my ROTH IRA account I own over 166 shares of AGNC stock. It is not a very good stock for trading options as there is no volume, no premiums, no interest. Yet I was thinking how to utilize my amount of shares to trade options against this underlying. Since I have now an experience Continue reading →

DIVIDEND CAPTURE – TRIPLE PLAY (ETE) TRADE ENDS

Back in December 2016 I opened a triple play trade using Energy Transfer Equity, L.P. (ETE) as underlying. I was selling cash secured puts as long as I got assigned into the stock. After I got assigned, I kept the stock, collected nice dividend, and started selling covered calls. Today, my covered calls ended in Continue reading →

March 2017 dividend income

March 2017 is over. It was quite fast. I almost haven’t noticed. And many things happened in March. Good or bad. But financially, I did well and actually better than expected; both in dividend income and options trading income. This month, we received $85.86 dollars in dividends. It is slightly less dividends than last month. Continue reading →