March 2021 Options Income Report - $5,928.44; Net Liquidity EUR 19,451

Welcome to the eleventh (#11) options income report. The last March we did a total of 201 trades / from which most were credit spreads and covered calls. Lat month we did a lot of options adjustments, by rolling forward and down both put and call options. There are 89 left open trades with expiry in the next months, with most (74) expiring this April  We managed to take $5,929.44 from options…

Naked Put on BCRX - Potential income return 9% in 32 days

On May 18, 2020, I sold 1 naked put on BCRX stock. We established a covered call on BCRX earlier in the month, and our shares get called away last Friday, netting us almost 20%…

Covered Call on GPS - Potential income return 3.77% in 11 days

On May 18, 2020, I sold 1 covered call on GPS stock  - a position established last Friday at the price of $9 per share (assignment). We have been selling covered calls with great…

Lynx Broker Review - Low Cost Online European Stock and Options Broker

Lynx broker is Amsterdam based low-cost European stock and options broker, offering one of the cheapest options trades for European stock exchanges. Options trades for Amsterdam…

Covered Call on NRZ - Potential income return 8.3% in 35 days

On May 15, 2020, I sold a covered call on NRZ stock  - a position established earlier in the year for $5.75 per share. I have been already selling covered calls on NRZ  but was…

Covered Call on RDSA - Potential income return 2% in 7 days

On May 15, 2020 I got assigned 100 shares of RDSA from Amsterdam stock exchange at EUR 14.8 per share. This is not a trade I would call something I'm excited about, I just didn't…

Closed BCRX Covered Call with +$75 Profit (19.3% yield in 15 days)

On May 15, 2020  our 100 shares of BCRX were called away at strike price $4 We established a position with BCRX om April 28, 2020, buying 100 shares at $3.875 per share and…

Covered Call Trade Idea - Generate $214/mo from this Stock

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…

Roll Forward INGA MAY 22 '20 5 Covered Call Option 0.14 EUR

We established a covered call position on this Amsterdam stock exchange INGA stock earlier this week, looking for a quick 4% potential income in 4 days. Our shares didn't get…

Roll Forward GPS MAY 22 '20 8 Covered Call Option 0.27 USD

For the second week in a row, we keep rolling forward covered call on GPS stock, a position I established earlier at the start of the month.  For this roll forward to the next…

Covered Call on INGA - Potential income return 4.09% in 4 days

On May 11, 2020, I bought on margin 110 shares of INGA stock (ING Group) at Amsterdam stock exchange, paying EUR 4.88 per share INGA is a Dutch dividend stock, paying dividends…

Put Ratio Back Spread on RDSA - 0.7% potential income in 4 days

I made this ratio back spread on RDSA from Amsterdam stock exchange to offset a loss from a losing ratio back spread made and increase my margin buying power. In the past, I have…

RDSA Bull Put Credit Spread – 4.4% potential return in 39 days

On May 11, 2020, I sold a bull put credit spread on RDSA:AEX stock with expiry in the next 39 days. RDSA:AEX stands for Royal Dutch Shell stock sold on Amsterdam stock exchange.…

Options Trader Club Tbilisi / Georgia

I hope Google will index this post and someday options traders from Tbilisi, or traders from abroad, somehow connected to Georgia, will read this and will contact me  In short, I…

Roll Forward GPS MAY 15 '20 8 Covered Call Option 0.27 USD

With GPS stock price hovering around $7.91 on Friday evening just before the options expiry, I decided not to risk with a possible assignment of our 100 shares getting called away…

SDC – Credit Spread – 7.5% potential return in 23 days

On May 6, 2020, I sold a bull put credit spread on SDC stock with expiry in the next 23 days. Here is my trade setup: BOT 1 SDC MAY 29 '20 - 7 + 5.5 Put Bull Spread -0.53 USD …

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

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…

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

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…

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

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…

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

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…

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

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…