Do you monitor your leverage in terms of outright stock position? Ie if all positions were put to you? If so, what levels are you comfortable maintaining? 100% of account, 200%?
My 2013 Option Trades.... part 3
- Thread starter Put_Master
- Start date
Sold puts on $35 IACI for March.
Credit $0.90
Annualized % return......... 18 - 19%
otm safety cushion 9%
BE price $34.10
Companies fundamentals are somewhat mixed, and that is a concern.
And it may also be a little over valued.
However, overall it is financially healthy, and pays a good dividend, if I end up owning it at $35.
Good companies with some current issues, is what creates investing opportunities, and annualized % returns of 18 - 19%.
Earnings released Feb 6.
The 2 year chart shows tech support in the $38 - $38.50 area, where it's currently trading,..... and again in the $34 - 35 range.
Hence my strike of $35..... with a BE of $34.10
http://finance.yahoo.com/q/bc?s=IACI&t=2y&l=on&z=l&q=b&c=
Credit $0.90
Annualized % return......... 18 - 19%
otm safety cushion 9%
BE price $34.10
Companies fundamentals are somewhat mixed, and that is a concern.
And it may also be a little over valued.
However, overall it is financially healthy, and pays a good dividend, if I end up owning it at $35.
Good companies with some current issues, is what creates investing opportunities, and annualized % returns of 18 - 19%.
Earnings released Feb 6.
The 2 year chart shows tech support in the $38 - $38.50 area, where it's currently trading,..... and again in the $34 - 35 range.
Hence my strike of $35..... with a BE of $34.10
http://finance.yahoo.com/q/bc?s=IACI&t=2y&l=on&z=l&q=b&c=
I live in Vegas.
I have no problem finding "exciting" ways to spend my profits.... and I don't even gamble, as I find the process boring.
Its better when you consider the alternative, which is sitting infront of your computer from 9am - 4pm everyday.
Put_master, how much time do you spend daily in front of the computer researching trades and etc?
Are you on from 9am to 4 or do you look for your trades after the market has closed to enter them the next opening?
I search for my option trades between the time I spend searching for porn.
Or is it the other way around???
Lets just say there's a reason I chose to specialize in naked butts.... I mean puts.
Sold puts on $30 BJRI for March.
Credit $0.60
Annualized % return.....16%
http://finance.yahoo.com/q/bc?s=BJRI&t=2y&l=on&z=l&q=b&c=
Company is reasonably valued for it's sector and is financially healthy. Company has no debt.
Sold the put with the stock trading $32.15.
Technically, there is support in the $32 - 32.25 area.
Hence my trade, with a BE price of $29.40 and an annualized % return of 16%.
Credit $0.60
Annualized % return.....16%
http://finance.yahoo.com/q/bc?s=BJRI&t=2y&l=on&z=l&q=b&c=
Company is reasonably valued for it's sector and is financially healthy. Company has no debt.
Sold the put with the stock trading $32.15.
Technically, there is support in the $32 - 32.25 area.
Hence my trade, with a BE price of $29.40 and an annualized % return of 16%.
Sold puts on $30 BJRI for April
Credit $1.05
Annualized % return.....16%
Thus I now have $30 puts on BJRI for March and April.
With each earning a potential 16% annualized return.
If anyone is planing to eat out for lunch/dinner today..... I may have a suggestion for you.
Credit $1.05
Annualized % return.....16%
Thus I now have $30 puts on BJRI for March and April.
With each earning a potential 16% annualized return.
If anyone is planing to eat out for lunch/dinner today..... I may have a suggestion for you.
Sold puts on $70 VMW for April.
Credit $2.05
Annualized % return.....14%
http://finance.yahoo.com/q/bc?s=VMW&t=2y&l=on&z=l&q=b&c=
The 2 year chart above shows tech support in the $74 - $76 area.
Thus it can certainly fall more, if a bad market takes it down.
But I decided to lock in the $2.05 credit, 14% return, 9% otm safety cushion, and BE price of $67.95..... as I did not want to risk missing the trade with the weekend coming up soon, and the stock volatility calming down.
VMW presents a mixed picture.
Via some metrics the stock is still over valued at my $70 price, but reasonably valued via other metrics.
But given that it is also financially healthy, I decided to take a chance on a BE price of $67.95.
If I'm wrong, the stock can drop into the low 60's and still generate a reasonable income for me, via covered calls.
Credit $2.05
Annualized % return.....14%
http://finance.yahoo.com/q/bc?s=VMW&t=2y&l=on&z=l&q=b&c=
The 2 year chart above shows tech support in the $74 - $76 area.
Thus it can certainly fall more, if a bad market takes it down.
But I decided to lock in the $2.05 credit, 14% return, 9% otm safety cushion, and BE price of $67.95..... as I did not want to risk missing the trade with the weekend coming up soon, and the stock volatility calming down.
VMW presents a mixed picture.
Via some metrics the stock is still over valued at my $70 price, but reasonably valued via other metrics.
But given that it is also financially healthy, I decided to take a chance on a BE price of $67.95.
If I'm wrong, the stock can drop into the low 60's and still generate a reasonable income for me, via covered calls.