Tuesday, July 23, 2013

Option update

The following two options expired on Friday, July 21:

Short 4 LNKD July 155 puts   pocketed $468

Short 5 TBT July 73.50 puts     cleared $95

New opinions:

Sell 4 LNKD Aug 150 puts @ $.76. Collect $304 in option premiums.

Sell 5 TBT July 26th 73 puts @ $.35. Collect $175 in option premiums. Margin requirement is $7175.

Monday, July 8, 2013

Roll the TBT puts - Again!

Sell 5 TBT July 12th 73.50 puts @.$.19. Collect $95 in option premiums versus a margin requirement of       $6420

Update

Last week was a vacation week but we did have an expiration not reported.
On Friday, June 28th, the short 5 TBT June 28th 72.50 puts expired with a profit of $75. Stay tuned. Will roll.

Tuesday, June 25, 2013

Roll the LNKD puts

Sell 4 LNKD July 155 puts @ $1.17.   Collect $468 in option premiums.

Sell TBT puts

Sell 5 TBT June 28th 72.50 puts @ $.15. Pocket $75 in option premiums. Margin requirement is $6172.
Straight up return on collateral is 1.20%. Not bad for 3 days.

Options update

Two options went off the board on Friday, June 21.

Short 5 TBT June 67 calls were assigned - resulting in a sell of 500 TBT at 67. Profit on the stock side was $500. The option side, $440.  We will roll puts this week.

Short 4 LNKD June 160 puts expired. We pocketed $308 in premiums. Look for a roll.

Tuesday, May 21, 2013

Roll the LNKD puts

Sell 4 LNKD June 160 puts @ $.77. Pocket $308 in option premiums.