Credit Spread on RIOT – 12.08% potential income return in 43 days

RIOT blockchain
On August 13, 2020, we sold a bull put credit spread on RIOT stock with an expiry set in the next 43 days. For this trade, we get a premium of $35 (before commissions) RIOT stands for Riot Blockchain company focused on building, supporting, and operating Blockchain technologies.  Here is our trade setup: BOT 1 RIOT SEP 25 '20 - 2.5 + 1.5 Put Bull Spread…

Credit Spread on M – 3.2% potential income return in 36 days

M 36 day expiry
On August 13, 2020, we sold an additional bull put credit spread on M stock with an expiry set in the next 36 days. For this trade, we get a premium of $24 (before commissions) M stands for Macy's, Inc. is an American holding company founded by Xavier Warren in 1929. Upon its establishment, Federated held ownership of the regional department store chains…

Credit Spread on ARCC – 1.08% potential income return in 37 days

AARC dividend stocks
On August 12, 2020, we sold a bull put credit spread on the ARCC stock with an expiry set in the next 37 days. For this trade, we get a premium of $0.20 per share (before commissions) Ares Capital Corporation (NASDAQ: ARCC) is a market-leading Business Development Company and one of the largest direct lenders in the U.S. Prior to this credit spread, we…

Credit Spread on NIO – 1.45% potential income return in 10 days

NIO 10 day expiryChinese stockselectric car stock
On August 11, 2020, we sold a bull put credit spread on the NIO stock with an expiry set in the next 10 days. For this trade, we get a premium of $0.23 per share (before commissions) NIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles.  Here is our trade setup: BOT 1…

Credit Spread on SNAP – 1.27% potential income return in 24 days

SNAP tech stocks
On August 11, 2020, we sold a bull put credit spread on the SNAP stock with an expiry set in the next 18 days. For this trade, we get a premium of $0.31 per share (before commissions) Snap Inc. is an American camera and social media company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy and Reggie Brown based in Santa Monica, California. It…

Credit Spread on M – 3.1% potential income return in 18 days

M
On August 10, 2020, we sold a bull put credit spread on M stock with an expiry set in the next 18 days. M stands for Macy's, Inc. is an American holding company founded by Xavier Warren in 1929. Upon its establishment, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's.  Here is our…

Naked Put on SDC - Potential income return 6.82% in 25 days

SDC teledentistry
On August 10, 2020, we sold 1 naked put on SDC stock with a strike price at $8 and expiry on September 4. For this trade, we g0t a $0.57 in premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  This trade comes as the #17 in the month of…

Closed AMC Covered Call with +$19.6 Profit (4.94% yield in 4 days)

AMC movie stocks
On August 7, 2020, our 100 shares of AMC  were called away at the strike price of $4 We started this trade just a couple of days ago by buying 100 shares of AMC at $3.96 and selling weekly options, for whom we got $0.18 per share Covered Call on AMC - Potential income return 4.94% in 4 days This is yet another good example of how covered calls help…

Covered Call on ET - Potential income return 3.16% in 21 days

ET natural gas
On August 7, 2020, we sold 1 covered call on ET stock expiring on August 28, 2020. For this trade, we got a $23 premium (before commissions). We sold this covered call, just shortly we got assigned 100 shares of ET at the strike price $6.5, see Credit Spread on ET – 5.10% potential return in 23 days This trade come as the #16 in the month of August, and…

Credit Spread on AMC – 5.55% potential return in 21 day

AMC movie stocks
On August 7, 2020, we sold a bull put credit spread on AMC stock with an expiry set in the next 21 days. Here is our trade setup: BOT 1 AMC AUG 28 '20 - 4 + 3 Put Bull Spread  -0.27  USD   For this trade, we got a premium of 22.2 USD (after commissions) or a 5.55% potential income return in 21 days. That's more than a dollar per day! These trades come as…

Credit Spread on SPCE – 1.51% potential return in 21 day

SPCE
On August 7, 2020, we sold a bull put credit spread on SPCE stock with expiry in the next 21 days. Here is our trade setup: BOT 1 SPCE AUG 28 '20 - 16 + 14.5 Put Bull Spread  -0.29  USD   For this trade, we got a premium of 24.2 USD (after commissions) or a 1.51% potential income return in 21 days. That's more than a dollar per day! These trades come as…

Closed INGA Covered Call with +23 EUR Profit (3.44% yield in 53 days)

INGA (Amsterdam) dutch stocksweekly options
On August 7, 2020, our 100 shares of INGA (Dutch stock) were called away at the strike price of EUR 6.3 We established a position with INGA stock June 16, 2020, with the strike price of EUR 6.7, see: Covered Call on INGA - Potential income return 4.83% in 3 days Since then we have done several roll forwards and roll downs. Unfortunately, the latest roll…

Credit Spread on GPS – 1.29% potential return in 21 day

GPS
On August 7, 2020, we sold a bull put credit spread on GPS stock with expiry in the next 21 days. Here is our trade setup: BOT 1  GPS  AUG 28 '20 - 12.5 + 11.5 Put Bull Spread -0.21 USD    For this trade, we got a premium of 16.20 USD (after commissions) or a 1.29% potential income return in 21 days.  These trades come as the #10 and #11 in the month of…

Credit Spread on SDC – 3.31% potential return in 22 days

SDC bull put
On August 6, 2020, we sold a bull put credit spread on SDC stock with expiry in the next 22 days. Here is our trade setup: BOT 1  SDC  AUG 28 '20 - 7.5 + 6 Put Bull Spread -0.28 USD    For this trade, we got a premium of 23.20 USD (after commissions) or a 3.31% potential income return in 22 days. Slightly bit more than a dollar per day. These trades…

Credit Spread on TLRY – 4.74% potential return in 23 days

TLRY cannabis stocks
On August 5, 2020, we sold a bull put credit spread on TLRY stock with expiry in the next 23 days. Here is our trade setup: BOT 1 TLRY AUG 28 '20 - 7 + 6 Put Bull Spread  -0.38  USD   For this trade, we got a premium of 33.20 USD (after commissions) or 4.74% potential income return in 23 days.  These trades comes as the #6 and #7 in the month of August,…

Covered Call on NRZ - Potential income return 5.34% in 17 days

NRZ monthly options
On August 4, 2020, we sold 1 covered call on NRZ stock expiring on August 21, 2020. For this trade, we got a $22 premium (before commissions). This trade comes as the #5 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us about 2.61% from our $750 monthly goal, while in total we have…

Naked Put on AMC - Potential income return 11.9% in 11 days

AMC bi-weekly optionsmovie stocks
On August 3, 2020, we sold 1 naked put on AMC stock with a strike price at $4 and get for that $0.5 premium (before commissions) This trade comes as the #4 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us about 6.34% from our $750 monthly goal, while in total we have already …

Covered Call on AMC - Potential income return 4.94% in 4 days

AMC weekly optionsmovie stocks
On August 3, 2020, we sold 1 covered call on AMC stock expiring on August 7, 2020. For this trade, we got an $18 premium (before commissions). This trade comes as the #3 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us about 2.08% from our $750 monthly goal, while in total we have…

Roll Forward and Roll UP BAC AUG 28 '20 28.5 Covered Call Option 0.10 USD (2.82% potential income in 84 days)

BAC roll forwardroll upmonthly optionsbank
On August 3, 2020, we roll forward and roll up 1 covered call on BAC stock  - a position originally established at the start of June with the strike price of $29.00, see: Covered Call on BAC - Potential income return 3.52% in 5 days. For this roll forward covered call we got an additional $10 (before commissions).  BAC is our "worst" investment as of now,…

Roll Forward and Down INGA AUG 7 '20 6.3 Covered Call Option 0.03 EUR (1.79% potential income in 53 days)

INGA (Amsterdam) roll downroll forwarddutch stocksBank stocks
On August 3, 2020, we roll forward and roll down 1 covered call on INGA (Amsterdam) stock  - a position originally on June 16, 2020 with the strike price of EUR 6.7, see: Covered Call on INGA - Potential income return 4.83% in 3 days  For this roll forward covered call we get an additional EUR 3 (before commissions) This trade comes as the #1 in the month…