Roll Forward TWO AUG 21 '20 5 2x Covered Calls 0.15 USD (18.79% potential income in 74 days)

TWO roll forwardmonthly options
On July 20, 2020 we roll forwarded 2 covered calls on TWO stock  - a position established on June 9, 2020 with the strike prices at $7, see: Sold 2 Covered Calls on TWO stock - Potential income return 30.7% in 10 days For this roll forward we got an additional $27 (before commissions) This trade comes as the #24 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about 3.51% from our $700 monthly goal, while in total we…

Naked Put on BAC - Potential income return 0.98% in 4 days

BAC wheel strategyweekly options
On July 20, 2020, we sold 1 naked put on BAC stock with a strike price at $23 with expiry in next 4 days (July 24) and get for that $0.25 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 #23 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about 3.22% from our $700…

Closed BCRX Covered Call with +$331 Profit (25.75% yield in 47 days)

BCRX biotech stocks
On July 17, 2020, our 300 shares of BCRX  were called away at the strike price of $5 We started this trade back on June 1, 2020 (Covered Call on BCRX - Potential income return 19.08% in 18 days) and rolled up and double on June 19 (Roll Forward and Double Up 3 Covered Calls on BCRX stock - Potential Income Return 25.75% in 47 days) This is yet another good example of how covered calls help generate income. We closed this trade with  $116 collected in premiums plus we realized a value gain of…

Credit Spread on NRZ – 2.31% potential return in 35 days

NRZ monthly options
On July 17, 2020, we sold a bull put credit spread on NRZ stock with expiry in the next 35 days. Here is our trade setup: BOT  1  NRZ AUG 21 '20 - 7 + 6 Put Bull Spread    -0.21 USD   For this trade, we got a premium of 16.20 USD (after commissions) or a 2.31% potential income return in 35 days.  These trades come as the #21 and #22  in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about 2.31% from our $700 monthly…

Sold 3 Naked Puts on BCRX - Potential income return 10.65% in 35 days

BCRX monthly options
On July 17, 2020, we sold 3 naked puts on BCRX stock with expiry in 35 days (August 21) and with a strike price at $4. For these puts we get $0.45 premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow funds from the broker to finance the purchase.  This trade comes as the #20 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade makes us about 18.25% from our $…

Roll Forward SDC JUL 31 '20 9 Covered Call Option 0.29 USD (11.73% potential income in 55 days)

SDC roll forwardbi-weekly options
On July 17, 2020 we roll forwarded 1 covered call on SDC stock  - a position originally established at the start of June with the strike price of $9.00, see: Covered Call on SDC - Potential income return 6.45% in 7 days. For this roll forward covered call we got an additional $29 (before commissions) SDC stands for SmileDirectClub - a teledentistry company listed on Nasdaq. According to Google, it has a market capitalization of some 2.9 bln. Impressive. This trade comes as the #19 in the…

Roll Forward INGA JUL 31 '20 6.7 Covered Call Option 0.16 EUR (7.78% potential income in 45 days)

AMS:INGA dutch stocksroll forward
On July 17, 2020, we roll forwarded 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 got an additional EUR 16 (before commissions) This trade comes as the #18 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade makes us about 2.28% from our $700 monthly goal, while…

Naked Put on RIOT - Potential income return 15.3% in 29 days

RIOT blockchain
On July 16, 2020, we sold 1 additional naked put on RIOT stock with a strike price at $2 and get for that $0.33 premium (before commissions) RIOT stands for Riot Blockchain company focused on building, supporting, and operating Blockchain technologies. 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 July, and if we stick with our trading plan for this…

Naked Put on RIOT - Potential income return 6.8% in 16 days

RIOT weekly optionsblockchainbitcoin mining
On July 15, 2020, we sold 1 naked put on RIOT stock with a strike price at $2 and get for that $0.16 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 #16 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade makes us about 1.94% from our $700 monthly goal, while in total we have already …

Credit Spread on ET – 5.10% potential return in 23 days

ET bull putnatural gas
On July 15, 2020, we sold a bull put credit spread on ET stock with expiry in the next 23 days. Here is our trade setup: BOT 1 ET AUG 07 '20 - 6.5 + 5.5 Put Bull Spread  -0.38  USD   For this trade, we got a premium of 33.2 USD (after commissions) or a 5.10% potential income return in 23 days. That's more than a dollar per day! These trades come as the #14 and #15  in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us…

Credit Spread on SPCE – 2.72% potential return in 25 days

SPCE bull put
On July 13, 2020, we sold a bull put credit spread on SPCE stock with expiry in the next 25 days. Here is our trade setup: BOT 1 SPCE AUG 07 '20 - 15.5 + 14 Put Bull Spread  -0.47  USD   For this trade, we got a premium of 42.2 USD (after commissions) or a 2.72% potential income return in 25 days. That's more than a dollar per day! These trades come as the #12 and #13  in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us…

Credit Spread on AAL – 2.47% potential return in 28 days

AAL bull put
On July 10, 2020, we sold a bull put credit spread on AAL stock with expiry in the next 28 days. Here is our trade setup: BOT 1 AAL AUG 07 '20 - 10.5 + 9.5 Put Bull Spread  -0.31  USD   For this trade, we got a premium of 26 USD (after commissions) or a 2.47% potential income return in 28 days. Almost a dollar per day! These trades come as the #10 and #11  in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about 3.71%…

Closed SPCE Covered Call with +$268 Profit (16.79% yield in 35 days)

SPCE roll forwardweekly options
On July 10, 2020, our 100 shares of SPCE  were called away at the strike price of $17 We established this position on SPCE stock on June 5, 2020, by buying 100 shares at $15.96 per share and selling weekly covered calls on it. Covered Call on SPCE - Potential income return 7.2% in 7 days rolls Roll Forward SPCE JUN 19 '20 16.5 Covered Call Option 0.35 USD (9.21% potential income in 14 days) Roll Forward SPCE JUN 26 '20 16.5 Covered Call Option 0.32 USD (10.3% potential income in 21 days)…

Covered Call Trade Idea with Weekly Options - Generate ~$60/week from American Airlines Group (AAL) Stock

AAL SP 500DJTAweekly options
This is not a trade recommendation, this is a trade idea. I'm not a financial advisor, anything written here should be taken with a grain of salt. I take no responsibility If you will decide to invest Here at OptionsBrew.com, we like the idea of selling options on a "good" dividend stocks, preferably from the Dow Jones, SP 500 or Fortune 500 list. In today's article, we are going to talk about a stock, which is a component of SP 500 and DJTA, and also pays a dividend.  We found American…

Credit Spread on NRZ – 2.3% potential return in 11 days

NRZ bull put
On July 6, 2020, we sold a bull put credit spread on NRZ stock with expiry in the next 11 days. Here is our trade setup: BOT  1  NRZ JUL 17 '20 - 7 + 6 Put Bull Spread    -0.21 USD   For this trade, we got a premium of 16.20 USD (after commissions) or a 2.3% potential income return in 11 days. A bit more than a dollar per day. These trades come as the #8 and #9  in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about…