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…

October 2020 Options Income Report - $548.24

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…

Trading plan for November 2020 (Option trades & Stock Buys)

Here at OptionsBrew.com, we believe a trading plan is already a 69% key to success. Without further ado, here is our trading plan for the upcoming month of November 2020. We are…

Credit Spread on Fortum (HEL:FORTUM) – 1.03% Potential Income Return In 21 Days (17.90% annualized)

On October 30, 2020, we sold a bull put credit spread on HEL:FORTUM stock, set with expiry in the next 21 days (November 20, 2020). For this trade, we got a small EUR 16.5 premium…

Covered Call on AMC Entertainment Holdings (NYSE:AMC) - Potential income return 3.8% in 64 days / 21.67% annualized

On October 30, 2020, we sold 1 covered call on AMC Entertainment Holdings (NYSE:AMC)  stock expiring on November 27, 2020. For this trade, we got a $16 premium (before commissions…

Roll Forward Energy Transfer (NYSE:ET) NOV 27 '20 6 Covered Call Option 0.09 USD (6.56% potential income in 84 days / 28.50% annualized)

On October 30, 2020, we roll forward 1 covered call with ET stock, a position established at the start of October (Covered Call on ET - Potential income return 5.46% in 56 days (…

Roll Forward and Roll UP TLRY NOV 27 '20 7.5 Covered Call Option 0.23 USD (18.25% potential income in 114 days / 58.43% annualized

On October 30, 2020, we roll forwarded and rolled up 1 covered call on TLRY stock  - a position originally established at the last week of August (Covered Call on TLRY - Potential…

Closed Covered Call on Tilray (NASDAQ:TLRY) with +$36.8 Profit (6.5% yield in 50 days / 47.45% annualized)

On October 23, 2020, our 100 shares of Tilray (NASDAQ:TLRY)  were called away at the strike price of $5.5 Tilray is a Canadian pharmaceutical and cannabis company, incorporated…

Credit Spread on Energy Transfer (NYSE:ET) – 3.24% potential income return in 29 days / 40.77% annualized

On October 29, 2020, we sold a bull put credit spread on Energy Transfer (NYSE:ET) stock with an expiry set in the next 29 days. For this trade, we get a premium of $21 (before…

Earnings Play: BOT 1 ET NOV 06 '20 5 Straddle 0.52USD

On October 29, 2020, we bought straddle options on ET stock expiring on November 6.  ET is due to announce earnings report on November 4 pre-market, and we decided to try to…

Credit Spread on Macy's (NYSE:M) –2.21% potential income return in 17 days / 47.45% annualized

On October 27, 2020, we sold a bull put credit spread on M stock with an expiry set in the next 17 days. For this trade, we get a premium of $19 (before commissions) M stands for…

Credit Spread on American Airlines Group (NASDAQ: AAL) – 1.92% potential income return in 32 days / 21.88% annualized

On October 26, 2020, we sold a bull put credit spread on AAL stock with an expiry set in the next 32 days (November 27). For this trade, we got a $25 premium (before commissions…

Credit Spread on Virgin Galactic (NYSE:SPCE) – 1.48% potential income return in 35 days / 15.42% annualized

On October 23, 2020, we sold a bull put credit spread on SPCE stock with an expiry set in the next 35 days (November 27). For this trade, we got a $30 premium (before commissions…

Credit Spread on Cleveland-Cliffs (NYSE:CLF) – 2.69% potential income return in 36 days / 27.27% annualized

On October 22, 2020, we sold a bull put credit spread on NASDAQ:SDC stock with an expiry set in the next 36 days. For this trade, we get a premium of $20.20 (after commissions).…

Earnings Play: BOT 1 CLF OCT 23 '20 8 Straddle 0.57 USD

On October 22, 2020, we bought straddle options on  CLF stock expiring on October 23.  CLF was due to announce earning report October 23 pre-market, and we decided to monetize on…

Earnings Play: BOT 1 GT OCT 23 '20 10 Straddle 0.40 USD

On October 22, 2020, we bought our first straddle options GT stock expiring tomorrow October 23.  This is our first experience with straddles and earnings play. These trades were…

Credit Spread on SmileDirectClub (NASDAQ:SDC) – 1.63% potential income return in 16 days / 37.18% annualized

On October 21, 2020, we sold a bull put credit spread on NASDAQ:SDC stock with an expiry set in the next 16 days. For this trade, we get a premium of $22 (before commissions) SDC…