gameguru

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gameguru posted to the Old School Fools with New Ways board. 2:08 PM

May 2013 Option Expirations

I had a number of option positions expire over the weekend.

For my Optioning SuperNova strategy, expirations were:

WFM $83 put expired for 2.14% income (16.40% ARR).

BIDU $80 put expired for 3.00% income (21.25% [more]

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gameguru replied to the Old School Fools with New Ways board. 1:58 PM

Re: Optioning SuperNova: 4/22/13 trade - NFLX call

With my NFLX $210 calls expiring on Friday and the stock price at about $237.50, I decided to roll these up and out to Sept. expiration with a $235 strike for a very small credit. The roll premium wasn't really worth it - my reasoning is that I get a [more]

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gameguru replied to the Old School Fools with New Ways board. 1:03 PM

Re: 2/21/13 Option trade: COH

With Coach trading at $59.23 on Friday's close, my shares were called away for a return of 13.54% in 88 days (including the dividend and premiums from 2 sold calls, and after commissions and assignment fees), or an ARR of 69.34%. This was in a [more]

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gameguru posted to the Old School Fools with New Ways board. 2:03 PM

5/6/13 trade: MSFT covered call

I have a sleepy position in Microsoft that I've been selling calls against whenever it pokes its head up. I've used the $33 strike in the past, but it has shot on past that, so I used a higher strike for my latest round [more]

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gameguru replied to the Old School Fools with New Ways board. 11:32 PM

Re: Optioning SuperNova: 4/22/13 trade - NFLX ca

Trades like this is why I love covered calls and writing puts. You continue to keep playing the Netflix ticker better than anyone else I follow.

Thanks for the kind words, but it sure doesn't feel like I'm playing it so well. The day [more]

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gameguru posted to the Old School Fools with New Ways board. 2:33 PM

Optioning SuperNova: 4/22/13 trade - NFLX call

Since my Netflix covered call expired over the weekend, and with the stock up about 7% as speculators anticipate earnings, I re-upped my covered call. The details:


Ticker Action Date Strike Strategy Price UnassignedReturn ARR [more]

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gameguru posted to the Old School Fools with New Ways board. 9:57 PM

April 2013 Option Expirations

I only had two positions with expiration dates in April.

The first was a Netflix (NFLX) $180 covered call. This one was pretty volatile and was above or flirting with my strike price for much of its life, but the price stayed down for [more]