9/20/2020 Plan: We look to sell a put (or spread) in Slack (Ticker: WORK) 9/20/2020 Plan (continued): WORK – Sell 1 of the 2 October 23.5 puts for 0.32 OR the 22.5 put expiring 9 October for 0.28 WORK – Sell 2 of the 2 October 23.5/21.5 puts for 0.25 […]
Yearly Archives: 2020
91 posts
I received a call from a member, a week before Apple’s split 4:1 asking whether they should buy shares for their long term account before the split or after the split. I gave my canned stock split pitch about how the value of the company is the same before and […]
9/13/2020 Plan: We look to sell a put spread in Micron (Ticker: MU) 9/13/2020 Plan (continued): MU- Sell 2 of the 25 Sept 42.5/40 put spreads for 0.28 Prices are as of market close 9/11/2020, actual fill and strikes may differ depending on Monday’s open, post will be updated accordingly. […]
Day before earnings – “XYZ reports tomorrow, I know it is going to beat expectations, and I’ve loaded up on calls!” Day of earnings – “XYZ crushed it, but XYZ went down” or “XYZ crushed it, but my calls dropped in value” I receive lots of questions and see plenty […]
9/7/2020 Plan: We look to sell a put (or a put spread) in Johnson and Johnson (Ticker: JNJ) 9/7/2020 Plan (continued): JNJ – Sell 1 of the 2 October 140 puts for 1.67 or the 140/135 put spread for 0.71 Prices are as of market close 9/4/2020, actual fill and […]
How well do you know your P&L charts? Good enough that you can quickly guess the underlying position? Take a look at the below and guess what it is (I’ll tell you later, try not to scroll and peek!): I know this isn’t really a hard one. Yes it is […]
8/30/2020 Plan: We look to sell a put spread in Intel (Ticker: INTC) or a put for those that want to own INTC long term. 8/30/2020 Plan (continued): INTC – Sell 2 of the 25 September 47/45 put spreads for 0.26. For a short put, sell the 47.5 outright for […]
When selling options, there is always a chance that the option owner can exercise early, leaving the option seller with stock that they weren’t anticipating – either 100 long shares if they sold a put, or 100 short shares if they sold a call. This can cause confusion, particularly if […]
8/23/2020 Plan: We look to sell a put spread in Walmart (Ticker: WMT) 8/23/2020 Plan (continued): WMT – Sell 2 of the 4 September 126/123 put spreads for 0.35. We may look to go another week and use the 125/122 strikes if we can’t get filled on the 4 September […]
Betcha can’t eat just one. No really, don’t eat Intel’s chips. They are terrible. Worse than this joke. Back on July 23rd, Intel reported earnings. They beat Wall Street’s estimate by $0.12 ($1.23 vs. $1.11). They beat on revenue as well ($19.7B vs $18.55B). Earnings, revenue, net income, etc. all […]