July 2020

July 2020 Options Income Report - $873.65

PBCTSPCEOBCRX dividend income
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 third (#3) options income report. Last July we did in total 43 trades / from which most were credit spreads and naked puts, just a few were covered…

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

OKOPFE trading plan
Here at OptionsBrew.com, we believe a trading plan is already a 60% key to success. Without further ado, here is our trade plan for the upcoming month of August 2020. We are looking to buy an additional 11 shares of PFE for our Partnership fund. At the end of the month, we should have 45 PFE stocks - once we will have 100 shares of PFE we will start…

Roll Forward F AUG 14 '20 7 Covered Call Option 0.09 USD (8.31% potential income in 65 days)

F bi-weekly optionsroll forward
On July 31, 2020, we roll forwarded 1 covered call on F stock  - a position originally established on June 10, 2020 with the strike price of $7, see: Covered Call on F stock - Potential income return 3.1% in 2 days This trade comes as the #43 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade makes…

Covered Call on PBCT - Potential income return 5.92% in 21 days

PBCT Bank stocksmonthly optionsdividend stocks
On July 31, 2020, we sold 1 covered call on PBCT stock expiring on August 21, 2020. For this trade, we got a $10 premium (before commissions).  This trade comes as the #42 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about 1.08% from our $700 monthly goal, while in total we…

Roll Forward SDC AUG 14 '20 9.5 Covered Call Option 0.47 USD (22.44% potential income in 69 days)

SDC bi-weekly optionsteledentistryroll forwardroll up
On July 31, 2020 we roll forward and roll up 1 covered call on SDC stock  - a position originally established on June 5, 2020 with buying 100 shares with SDC paying $8.83 per share and simultaneously sold $9.00 strike price covered call. See: Covered Call on SDC - Potential income return 6.45% in 7 days SDC stands for SmileDirectClub - a teledentistry …

Naked Put on INGA - Potential income return 2.62% in 21 day

INGA (Amsterdam) dutch stocksBank stocks
On July 31, 2020, we sold additional 1 naked put on INGA (dutch stock)  with a strike price set at EUR 5.8 and expiry in the next 21 days (August 21, 2020)/ For this trade we get a EUR 0.16 premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the…

Credit Spread on ET – 5.72% potential return in 29 days

ET natural gas
On July 30, 2020, we sold a bull put credit spread on ET stock set with expiry in the next 29 days (August 28, 2020) Here is our trade setup: BOT 1 ET AUG 28 '20 - 6.5 + 5.5 Put Bull Spread  -0.42  USD   For this trade, we got a premium of 37.2 USD (after commissions) or a 5.72% potential income return in 29 days. That's more than a dollar per day! These…

Credit Spread on TLRY – 2.17% potential return in 9 days

TLRY cannabis stocks
On July 29, 2020, we sold an additional bull put credit spread on TLRY stock with expiry in the next 9 days. Here is our trade setup: BOT 1 TLRY AUG 7 '20 - 7 + 6 Put Bull Spread  -0.2  USD   For this trade, we got a premium of 15.2 USD (after commissions) or 2.17% potential income return in 9 days.  These trades come as the #36 and #37  in the month of…

Naked Put on INGA - Potential income return 1.53% in 10 days

INGA (Amsterdam) Bank stocksdutch stocks
On July 28, 2020, we sold 1 naked put on INGA (dutch stock)  with a strike price set at EUR 6 and expiry in the next 10 days (August 7, 2020)/ For this trade we get an EUR 0.1 premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  This…

Naked Put on RIOT - Potential income return 14.24% in 25 days

RIOT blockchainbitcoin mining
On July 27, 2020, we sold 1 additional naked put on RIOT stock with a strike price at $2.5 and get for that $0.38 premium (before commissions) RIOT stands for Riot Blockchain company focused on building, supporting, and operating Blockchain technologies.  With Bitcoin price raising over $10,000, it give a nice boost to many "so-called" blockchain…

Credit Spread on AAL – 2.4% potential return in 28 days

AAL airline stocksbull put
On July 24, 2020, we sold an additional bull put credit spread on AAL stock with expiry in the next 28 days. Here is our trade setup: BOT 1 AAL AUG 21 '20 - 10.5 + 9.5 Put Bull Spread  -0.30  USD   For this trade, we got a premium of 25.2 USD (after commissions) or 2.4% potential income return in just 2 days.  These trades come as the #32 and #33  in the…

Naked Put on SDC - Potential income return 6.08% in 21 day

SDC teledentistry
On July 24, 2020, we sold 1 naked put on SDC stock with a strike price at $7.5 and expiry on August 14. For this trade, we get a $0.48 in premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  This trade comes as the #31 in the month of…

Credit Spread on TLRY – 2.17% potential return in 8 days

TLRY pharma stockscannabis stocks
On July 23, 2020, we sold a bull put credit spread on TLRY stock with expiry in the next 8 days. Here is our trade setup: BOT 1 TLRY JUL 31 '20 - 7 + 6 Put Bull Spread  -0.23  USD   For this trade, we got a premium of 15.2 USD (after commissions) or 2.17% potential income return in 8 days.  Tilray is a Canadian pharmaceutical and cannabis company,…

Credit Spread on AAL – 1.38% potential return in 2 days

AAL airline stocksbull put
On July 22, 2020, we sold an additional bull put credit spread on AAL stock with expiry in the next 2 days. Here is our trade setup: BOT 1 AAL JUL 24 '20 - 11 + 10 Put Bull Spread  -0.20  USD   For this trade, we got a premium of 15.2 USD (after commissions) or 1.38% potential income return in just 2 days.  These trades come as the #27 and #28  in the…

Naked Put on GPS - Potential income return 2.13% in 10 days

GPS bi-weekly options
On July 21, 2020, we sold 1 naked put on GPS stock with a strike price of $11.5 and expiry in the next 10 days (July 31) and get for that $0.27 premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  This trade comes as the #26 in the…