December 2020 Options Income Report - $2,692.38

Welcome to the eight (#8) options income report. The last December we did a total of 57 trades / from which most were credit spreads and covered calls. There are 43 left open trades with expiry in the next months, with most (37) expiring this January (2021) We managed to take $2,692.38 from options income during the month of December, which is about 26.92% from our $10,000 goal for 2020. Also…

Sold 2 Credit Spreads on SDC – 0.78% potential income return in 7 days

On December 4, 2020, we sold 2 bull put credit spreads on NASDAQ:SDC stock with an expiry set in the next 7 days. For this trade, we get a premium of $26 (before commissions)…

Sold 5 Credit Spreads on TLRY – 2.7 % potential income return in 48 days

On December 4, 2020, we sold 5 bull put credit spreads on TLRY stock with an expiry set in the next 48 days. For this trade, we get a premium of $105 (before commissions) These …

Roll Forward AMC Entertainment Holdings (NYSE:AMC) Dec 24 '20 5 Covered Call 0.11 USD (Potential income 15.6% in 118 days)

On December 4, 2020, we roll forwarded 1 covered call on NYSE:AMC stock - a position originally established on September 25 2020, with buying 100 shares of AMC paying $5 per share…

Sold 3 Covered Calls on SmileDirectClub (NASDAQ:SDC) - Potential income return 3.31% in 14 days

On December 4, 2020, we sold 3 covered calls on SmileDirectClub (NASDAQ:SDC)  stock expiring on December 11, 2020. For this trade, we got a $51 premium (before commissions) This…

Covered Call on ARCC - Potential income return 1.49% in 15 days (35.76% annualized)

On December 3, 2020, we sold 1 covered call on ARCC  stock expiring on December 18, 2020. For this trade, we got a $25 premium (before commissions). This trade comes as the #6 in…

Sold 2 Credit Spreads on NRZ – 0.8 % potential income return in 16 days

On December 2, 2020, we sold 2 bull put credit spreads on NRZ stock with an expiry set in the next 16 days. For this trade, we get a premium of $24 (before commissions) These …

Covered Call on T (NYSE:T) - Potential income return 0.63% in 9 days (25.2% annualized)

On December 2, 2020, we sold 1 covered call on T (NYSE:T)  stock expiring on December 11, 2020. For this trade, we got a $21 premium (before commissions). This trade comes as the…

Sold 2 Credit Spreads on NKLA – 6.12 % potential income return in 23 days

On December 1, 2020, we sold 2 bull put credit spreads on NKLA stock with an expiry set in the next 23 days. For this trade, we get a premium of $132 (before commissions) These …

Closed ET Covered Call with +$39.4 profit (6.56% potential income in 84 days)

On November 27, 2020, our 100 shares of ET were called away at the strike price of $6 This trade was closed with a gain of  +$39.4 or a 6.56%  yield in 84 days. Running…

Closed AMC Covered Call with +$12.2 profit (3.8% potential income in 64 days)

On November 27, 2020, our 100 shares of AMC were called away at the strike price of $3 This trade was closed with a gain of  +$12.2 or a 3.8%  yield in 64 days. Trading options…

Closed BAC Covered Call with +$3.2 profit (0.11% potential income in 172 days)

On November 27, 2020, our 100 shares of BAC were called away at the strike price of $27.5 BAC has been one of our biggest failures in 2020, and we are lucky we have got rid of it…

Closed SDC Covered Call with +$168.2 Profit (16.01% yield in 37 days)

On November 27, 2020, our 100 shares of SDC were called away at the strike price of $11 This trade was closed with a gain of  +$168.2 or a 16.01%  yield in 37 days. Running…

Roll Forward and Roll Up Tilray (NASDAQ:TLRY) DEC 04 '20 8 Covered Call 0.33 USD Covered Call - Potential income return 29.77% in 121 day

On November 27, 2020, we roll forward and roll up 1 covered call on NASDAQ:TLRY stock - a position originally established on August 28 2020, with buying 100 shares of TLRY paying…

Roll Forward and Roll Up Tilray (NASDAQ:TLRY) DEC 04 '20 8 Covered Call 0.33 USD Covered Call - Potential income return 37.93% in 107 days

On November 27, 2020, we roll forward and roll up 1 covered call on NASDAQ:TLRY stock - a position originally established on August 17 2020, with buying 100 shares of TLRY paying…

Roll Forward AMC Entertainment Holdings (NYSE:AMC) Dec 18 '20 6 Covered Call 0.16 USD (Potential income 21.4% in 101 day)

On November 27, 2020, we roll forwarded 1 covered call on NYSE:AMC stock - a position originally established on October 9 2020, with buying 100 shares of AMC paying $6 per share…

Sold 3 Credit Spreads on ATEC – 5.02 % potential income return in 21 day

On November 27, 2020, we sold 3 bull put credit spreads on ATEC stock with an expiry set in the next 21 days. For this trade, we get a premium of $ 165 (before commissions) These…