04-10-2022, 03:50 PM
(04-09-2022, 11:50 PM)Dividendwayfarer Wrote:I have done extremely well selling puts for many months in a row. I mostly know the companies I trade repeatedly. AMD owns me and I should leave it alone.(04-09-2022, 02:49 AM)fenders53 Wrote: I have an AMD put open at strike 97 expiring next Friday. If the stock moved up a little early in the week I will probably chicken out ?. Only did that this week and closed one Thursday.
I had a record income month in March. Almost every put I sold was seemingly perfectly timed. The market volatility just worked, but the real reason is I had time to check the market hourly and open or close trades.
I have been selling oil puts in volume since DEC. A hedge of sorts selling into every small dip in XLE or EOG. Then yesterday happened. Nine contracts either expired or were closed early. I am pretty much hedgeless now.
I play fairly conservative so my strike price is 90 in a couple of weeks. I also made a record income month from options in March. It was a great month for option trading.