04-01-2021, 03:03 PM
Nothing exciting but made a few adjustments.
Closed out some short puts that were either at or near max profit with time left, or the underlying running out of gas IMO. CSIQ-DG-GNRC. Closed out RGR for a break even because I chickened out on upcoming gun law drama. Scored nicely on RGR the past six months and I was pushing my luck.
Sold a few new puts to keep the cash from getting excessive. Mostly conservative stuff. VIX too low to go crazy today. HRL-ALE-PM-MO-F-NIO
Got a surprise and was early exercised on a SLV put for the first time. Vanguard wouldn't let me sell the shares when SLV went up today so I sold a covered call. I think I will stick to NEM and Barrick for my precious metals hedge. I much prefer the nice dividends SLV doesn't offer. They mine gold anyway so that will be enough exposure to silver. I sold a bunch of SLV puts since last summer and never got exercised. I don't want to own the underlying anymore and that breaks my #1 put selling rule so no more SLV put selling when the rest of them are gone.
Closed out some short puts that were either at or near max profit with time left, or the underlying running out of gas IMO. CSIQ-DG-GNRC. Closed out RGR for a break even because I chickened out on upcoming gun law drama. Scored nicely on RGR the past six months and I was pushing my luck.
Sold a few new puts to keep the cash from getting excessive. Mostly conservative stuff. VIX too low to go crazy today. HRL-ALE-PM-MO-F-NIO
Got a surprise and was early exercised on a SLV put for the first time. Vanguard wouldn't let me sell the shares when SLV went up today so I sold a covered call. I think I will stick to NEM and Barrick for my precious metals hedge. I much prefer the nice dividends SLV doesn't offer. They mine gold anyway so that will be enough exposure to silver. I sold a bunch of SLV puts since last summer and never got exercised. I don't want to own the underlying anymore and that breaks my #1 put selling rule so no more SLV put selling when the rest of them are gone.