Credit Spread on ET – 2.53% Potential Income Return In 35 Days
On September 4, 2020, we sold a bull put credit spread on ET stock, set with expiry in the next 35 days (October 9, 2020). For this trade, we got a small $15.2 premium (before commissions)
Energy Transfer Partners (now legally Energy Transfer Operating L.P.) is a company engaged in natural gas and propane pipeline transport. It is organized in Delaware and headquartered in Dallas, Texas. It was founded in 1995 by Ray Davis and Kelcy Warren, who remains Chairman and CEO. It owns a 36.4%…
Roll Forward TLRY SEP 18 '20 7 Covered Call Option 0.11 USD (7.08% potential income in 44 days)
On September 4, 2020, we roll forward 1 covered call on TLRY stock - a position originally established at the last week of August (Covered Call on TLRY - Potential income return 5.85% in 30 days), but started as a credit spread at the start of August, see: Credit Spread on TLRY – 4.74% potential return in 23 days
Tilray is a Canadian pharmaceutical and cannabis company, incorporated in the United States with primary operations headquartered in Toronto, Ontario. Tilray also has operations in…
Credit Spread on FCEL – 4.08% potential income return in 16 days
On September 2, 2020, we sold a bull put credit spread on FCEL stock with options expiry set in the next 16 days.
FCEL - FuelCell Energy, Inc. is a fuel cell power company. It designs, manufactures, operates and services Direct Fuel Cell power plants that run on natural gas and biogas. As the biggest publicly traded fuel cell manufacturer in the U.S., the company operates over 50 plants all over the world
Here is our trade setup:
BOT 1 FCEL SEP 18 '20 - 2.5+ 2 Put Bull Spread -0.15 USD…
Credit Spread on TLRY – 4.58% potential return in 29 days
On September 3, 2020, we sold a bull put credit spread on TLRY stock with an expiry set in the next 29 days.
Tilray is a Canadian pharmaceutical and cannabis company, incorporated in the United States with primary operations headquartered in Toronto, Ontario. Tilray also has operations in Australia, New Zealand, Germany, Portugal, and Latin America.
Here is our trade setup:
BOT 1 TLRY OCT 2 '20 - 5.5 + 4.5 Put Bull Spread -0.30 USD
For this trade, we got a premium of 25.20 USD (after…
Credit Spread on CRBP – 8.64% potential return in 44 days
On September 2, 2020, we sold a bull put credit spread on CRBP stock with options expiry set in the next 44 days.
CRBP - Corbus Pharmaceuticals Holdings, Inc. is a Phase 3 clinical-stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat inflammatory and fibrotic diseases by leveraging its pipeline of rationally designed, endocannabinoid system-targeting drug candidates
Pharma and Biotech stocks have some juicy premiums, that's one of the…
August 2020 Options Income Report - $958.04
Here at OptionsBrew.com, we believe transparency is the key to success and that's why we have decided to share our monthly options income reports covering details behind the scenes. That said welcome to the fourth (#4) options income report.
Last August we did in total 61 trades / from which most were credit spreads and naked puts, just a few were covered calls
There are 43 left open trades with expiry in the next months, with most (40) expiring in September.
We managed to make $958.04 from…
Trading plan for September 2020 (Option trades & Stock Buys)
Here at OptionsBrew.com, we believe a trading plan is already a 66% key to success.
Without further ado, here is our trade plan for the upcoming month of September 2020.
We are looking to buy an additional 12 shares of PFE for our Partnership fund. At the end of the month, we should have 57 PFE stocks - once we will have 100 shares of PFE we will start selling covered calls on it, see: Covered Call Trade Idea with Weekly Options - Generate $45/week from this Dow Jones list Dividend Stock. …
Closed ET Covered Call with +$53.8 Profit (8.27% yield in 43 days)
On August 28, 2020, our 100 shares of ET were called away at the strike price of $6.5.
We have been in this trade since July 15, 2020, when we established a credit spread, see: Credit Spread on ET – 5.10% potential return in 23 days, at the expiry we got assigned and immedeatly we sold additional covered call, see: Covered Call on ET - Potential income return 3.16% in 21 days
From these two trades we collected in premiums +$53.8, that is a 8.27% yield in just 43 days
Selling calls and puts…
Credit Spread On ET – 2.95% Potential Return In 25 Days
On August 35, 2020, we sold a bull put credit spread on ET stock set with expiry in the next 25 days (September 25, 2020)
Here is our trade setup:
BOT 1 ET SEP 25 '20 - 6.5 + 5.5 Put Bull Spread -0.24 USD
For this trade, we got a premium of 19.2 USD (after commissions) or a 2.95% potential income return in 25 days.
These trades come as the #60 and #61 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 2.56%…
Covered Call on TLRY - Potential income return 5.85% in 30 days
On August 28, 2020, we sold 1 covered call on TLRY stock expiring on September 4, 2020. For this trade, we got a $10 premium (before commissions).
This trade comes as the #59 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 1.01% from our $750 monthly goal, while in total we have already reached 125.17% from our monthly goal so far.
We sold this call, just shortly we got assigned 100 shares of TLRY, see:
Credit…
Credit Spread on AMC – 3.44% potential return in 28 days
On August 28, 2020, we sold a bull put credit spread on AMC stock with an expiry set in the next 28 days.
Here is our trade setup:
BOT 1 AMC SEP 25 '20 - 5 + 4 Put Bull Spread -0.22 USD
For this trade, we got a premium of 17.2 USD (after commissions) or a 3.44% potential income return in 28 days.
These trades come as the #57 and #58 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 2.29% from our $750…
Roll Forward and Roll UP BAC SEP 18 '20 29 Covered Call Option 0.13 USD (4.83% potential income in 105 days)
On August 28, 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 $13 (before commissions).
BAC is our "worst" investment as of now, we bought 100 shares at $28.67, and shortly after our buy BAC dipped to $23-$24 range, making it harder for us to get a decent options…
Credit Spread on CRBP – 5.7% potential return in 22 days
On August 27, 2020, we sold a bull put credit spread on CRBP stock with options expiry set in the next 30 days.
CRBP - Corbus Pharmaceuticals Holdings, Inc. is a Phase 3 clinical-stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat inflammatory and fibrotic diseases by leveraging its pipeline of rationally designed, endocannabinoid system-targeting drug candidates
Pharma and Biotech stocks have some juicy premiums, thats one of the…
Credit Spread on AAL – 1.84% potential return in 30 days
On August 26, 2020, we sold another bull put credit spread on AAL stock with expiry in the next 30 days.
Here is our trade setup:
BOT 1 AAL SEP 25 '20 - 11.5 + 10.5 Put Bull Spread -0.26 USD
For this trade, we got a premium of 21.20 USD (after commissions) or 1.84% potential income return in 30 days.
These trades come as the #52 and #53 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 2.82% from our $750…
Credit Spread on SDC – 2.74% potential return in 24 days
On August 25, 2020, we sold a bull put credit spread on SDC stock with expiry in the next 24 days.
Here is our trade setup:
BOT 1 SDC SEP 18 '20 - 7 + 6 Put Bull Spread -0.26 USD
For this trade, we got a premium of 21.20 USD (after commissions) or a 2.74% potential income return in 24 days.
These trades come as the #50 and #51 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 2.56% from our $750 monthly…