SLD 1  ET MAY 29 '20 7.5 Put Option 0.37 USD

ET
On May 6, 2020, I sold a naked put option on ET stock with expiry May 29, 2020 This trades comes just after 100 shares of ET got called away Here is the trade setup SLD 1  ET MAY 29 '20 7.5 Put Option 0.37 USD Potential income return 4.93% in 23 days Break-even: $7.13 In case our break-even points will get challenged we will roll down or take the assignment to sell covered calls. Running Total  8 Trades since April 6, 2020 Trade P/L $121

Covered Call Trade Idea - Generate $100/mo from this Stock

BAC
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. Back at the end of March 2020, when my portfolio lost about 80% in value, I started to look at "volatile" options trading strategies, which might help to "pump" cash in my portfolio . A fellow trader has been talking about ratio back spreads for a while and I decided to give a try. One of the…

Roll Up ET $7.5 to $8 Covered Call to Protect $0.305 dividend

ET
This position was originally established on April 28, by buying 100 shares of ET at $7.345 and simultaneously selling covered call with a strike $7.5 for a $0.2 premium, see: SLD 1 ET MAY 08 '20 7.5 Call Option 0.20 USD Today ET was trading $7.81 and there is just one day left until stock is going ex-div, we are risking of stock being called away and not collecting the dividend. To protect the dividend it was decided to roll up call strike from $7.5 to $8 BOT 1 ET MAY 08 '20 7.5 Call Option…

Goal to Reach $10,000 In Trading Income from Selling Covered Calls till the end of 2020

CSCO WFC PFE
For the past couple of weeks, I've been working on my latest idea of developing an options learning and trading website. The website you are currently reading - optionsbrew.com Initially, I wanted to make a website for 0 DTE SPX traders, but I understood that day trading is not my thing, and I never have been successful in it in the long run. For me, it always has been one step forward, two steps backward. On the other hand selling, puts and calls on dividend stocks have proved to work out…

SLD 1 ET MAY 08 '20 7.5 Call Option 0.20 USD

ET
On April 28, 2020, I bought on margin 100 shares of ET at $7.345 per share to sell simultaneously 1 covered call contract with 10 days expiry on May 8, 2020 With this buy, I hope to capture a hefty dividend (0.3). ET stock is going ex-div on May 6 BOT 100 ET Stock 7.345 USD SLD 1 ET MAY 08 '20 7.5 Call Option 0.20 USD Potential income return 8.8% in 10 days Break-even: $6.82

SLD 1 BCRX MAY 15 '20 4 Call Option 0.62 USD

BCRX
On April 28, 2020, I bought on margin 100 shares of BCRX (BioCryst Pharmaceuticals, Inc.) at $3.875 per share to sell simultaneously 1 covered call contract with 15 days expiry on May 15, 2020 BOT 100 BCRX Stock 3.875 USD SLD 1 BCRX MAY 15 '20 4 Call Option 0.62 USD  Potential income return 19.12% in 15 days Break-even: $3.25

SLD 1 GPS MAY 08 '20 8 Call Option 0.22 USD

GPS
Bought on margin 100 shares of GPS (Gap Inc) at $7.585 per share to sell simultaneously 1 covered call contract with 7 days expiry on May 8, 2020 Here is the setup: BOT 110 GPS Stock 7.585 USD SLD 1 GPS MAY 08 '20 8 Call Option 0.22 USD Potential income return 8.37% in 7 days Break-even: $7.365

SPX 0 DTE Trade on Apr 22'20 using Put and Call Credit Spread +$80.40

I made $80.40 (after commissions) yesterday using $500 of margin with an Iron Condor.  Here is the setup: BOT    1 SPX APR 22 '20 2825 - 2820 Call Bear Spread    -0.60     BOT    1 SPX APR 22 '20 - 2765 + 2760 Put Bull Spread    -0.30     Both legs expired worthless and I was able to collect +$90 (before commissions) Running Total  2 Trades since April 22, 2020 Trade P/L $80.40