Seven positions expired for me today.

music selection:  “The Reincarnation of Benjamin Breeg” — Iron Maiden

Three of four covered calls are resulting in shares being called away.  These are PSEC, MAA, and HCP.  I retain control of shares in GEL.  Three puts are expiring without resulting in assignment.  These are BPT, CNNX, and DLR.  For these seven positions, I earned 1,450 in premium income.

I’m traveling next week and will not have an opportunity to establish new positions until next Friday.  I plan to get back into all seven names, assuming prices don’t run away from me during the week.  I also have DIS expiring on the 30th and expect shares to be called away at 100.

Devour your prey raptors!

Friday Expiries 16DEC2016

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2 thoughts on “Friday Expiries 16DEC2016

  • December 19, 2016 at 6:52 am


    Last week I sold 8 puts on PSEC. I sold it in the money to get a nice premium.
    Do you trade this underlying out of money or in the money too?

    best regards

    • December 23, 2016 at 4:11 pm

      Sorry, been out of town. I sell at the money or sometimes just in the money if I’m keen to get assigned. I think you’ll do well.


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