03-16-2019, 12:59 AM
Guess it's time for a little update from me.
Sold a put that expired worthless last week. Super safe one with UBNT, I think I gained around $90.
Still holding those WBA shares, no calls sold on them currently since it just makes no sense. Once I start to get some premium on weekly / biweekly calls with a strike between $65 and $70 then it's time to start selling those and hoping that one day I get to exit with a profit. A great example of a decently priced company with a great history that just decides to go down over 15% in a couple of days right after I put my money in. This is definitely not an effective use of money.
Covered call in AMAT expiring on the 22nd, strike of $39.50.
Sold a put that expired worthless last week. Super safe one with UBNT, I think I gained around $90.
Still holding those WBA shares, no calls sold on them currently since it just makes no sense. Once I start to get some premium on weekly / biweekly calls with a strike between $65 and $70 then it's time to start selling those and hoping that one day I get to exit with a profit. A great example of a decently priced company with a great history that just decides to go down over 15% in a couple of days right after I put my money in. This is definitely not an effective use of money.
Covered call in AMAT expiring on the 22nd, strike of $39.50.