7/12/2020 Plan: Two ideas this week – an ETF and a follow-up from a recent trade: – Energy Select Sector SPDR (Ticker: XLE) and Walgreens Boots Alliance (Ticker: WBA). 7/12/2020 Plan (continued): XLE – Sell 2 of the 14 August 31/29 put spread for 0.30 or if you want to […]
Yearly Archives: 2020
91 posts
I don’t win on 100% of my trades. You don’t either. That’s to be expected. You can Estimate the probability of a trade winning in a variety of ways, but it is only an estimate and it certainly isn’t 100%! Sometimes you even place a trade and you are perfectly […]
7/05/2020 Plan: Two ideas this week in two very different names – Seagate Technology PLC (Ticker: STX) and Hartford Financial Services Group Inc. (Ticker: HIG) 7/05/2020 Plan (continued): STX – Sell either the 17 Jul 45/42 put spread for 0.38 or 24 Jul 44/41 for 0.40 HIG – Sell 31 […]
6/28/2020 Plan: This week we look to sell a put spread in Walgreens Boots Alliance (Ticker: WBA) 6/28/2020 Plan (continued): WBA sell 17 Jul 37.5/35 put spread 2x for 0.32 Prices are as of market close 6/26/2020, actual fill and strikes may differ depending on Monday open, post will be […]
2020 has been an … interesting year so far, to say the least. In the last year, the market is up 2.29% and year to date the market is down 6.86% [SPX as of 6/26/2020]. These nominal returns hide the fact that we are in the midst of a global […]
Let’s discuss a way to generate a bit of income on our long term stock holdings. This is a slight twist on the traditional covered call approach that I’ll be implementing on one of my underlyings in my long term portfolio. On Friday June 19th, I had some of my […]
6/21/2020 Plan: This week we look to sell a put in Capital One Financial (Ticker: COF) 6/21/2020 Plan (continued): COF sell 10 Jul 55 put for 0.77 (at the midpoint, the bid is 0.64) Prices are as of market close 6/19/2020, actual fill and strikes may differ depending on Monday […]
Delta’s old slogan has a much different feel to it, given the current pandemic. Delta used this saying back in 1968. It must have worked well, since they brought it back for an encore in 1984. Given travel dropped over 90% at the lows, Delta likely wants us to be […]
6/14/2020 Plan: This week we return to Metlife (Ticker: MET) 6/14/2020 Plan (continued): MET sell 17 Jul 30 put for 0.58 If you prefer to spread due to IRA restrictions or for margin purposes, 30/27.5 for 0.23 x2 Prices are as of market close 6/12/2020, actual fill and strikes may […]
In case you missed it, the market shot up almost 5% last week. With this big move, I had some shares of SPY called away on Friday (short call against long stock). This week we discuss a few ways to get right back into the market to position ourselves to […]