3000 shares of SPY I sold short the 208 puts that expired deep in the money. Although due to the premiums collected the cost basis for this position will be 203.98 a share. I am assuming g the obvious that stocks gonna be put since the contracts expire today.
But from collecting put premiums this year my cost basis ends up being 189.75 a share for this 3000 share position.
I will be looking at selling calls on this holding. Probably the 208 calls on Monday. I will most likely be collecting dividends since ex is on the 18
So 50 calls to be sold short next week.
I have a bunch of calls that expired otm as well. This is for 2000 shares of spy cost basis 183.50
Looks like this year I will be outperforming the markets using my mechanical options strategy. I stick to just SPY etf since it does not expose me to single stock risk or any wild crazy price swings.
But from collecting put premiums this year my cost basis ends up being 189.75 a share for this 3000 share position.
I will be looking at selling calls on this holding. Probably the 208 calls on Monday. I will most likely be collecting dividends since ex is on the 18
So 50 calls to be sold short next week.
I have a bunch of calls that expired otm as well. This is for 2000 shares of spy cost basis 183.50
Looks like this year I will be outperforming the markets using my mechanical options strategy. I stick to just SPY etf since it does not expose me to single stock risk or any wild crazy price swings.