The market was closed Monday for Labor Day so I rolled my positions Tuesday.

music selection:  “For You” — Staind

weigh-in:  212.8 (0.6)

First I rolled Qualcomm (QCOM).  I sold QCOM161014P00063000 for 1.70 a share.  The trade will be in force for 39 days and yields 25.25% on an annualized basis.  The trade also enjoys 2.94% downside protection.

Next I rolled Microsoft (MSFT).  I sold MSFT161014P00057500 for 1.12 a share.  This trade will also be in force for 39 days and yields 18.23% annually.  The trade enjoys 1.93% downside protection.

I also rolled Cheneire Energy (LNG).  I sold LNG161014C00052000 for 0.14 a share.  This one is quite a bit out of the money as I want to leave room for capital appreciation.  The trade will be in force for 39 days and yields 3.99% annualized.

Finally, I rolled Disney (DIS).  I sold DIS161014C00100000 for 0.12 a share.  This trade is also in force for 39 days and  yields 1.12% annualized.  I’ve been a little disappointed by Disney but I think it will be back.

Devour your prey raptors!

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Tuesday Trades

Never miss another opportunity to devour prey!

3 thoughts on “Tuesday Trades

  • September 11, 2016 at 7:34 pm
    Permalink

    Are you sure you sold that Qcom put? If not, you certainly get a better deal on Monday.

    Reply
    • September 11, 2016 at 10:25 pm
      Permalink

      Yeah. I have the 63 strike at 1.70. It’s unfortunately in the money now. Still weeks left for it to recover though.

      Reply
  • September 12, 2016 at 1:17 pm
    Permalink

    That’s odd, my broker shows no action on it until Friday.

    Good luck and thanks for posting, I love following someone else who has a similar strategy to me.

    Reply

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