I haven’t made a trade yet in August. That’ll change this week with options expiration upon us as I adjust my option holdings. It’s not necessarily because I’ve been too busy to get to it, but more so that I couldn’t find anything I liked that I
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I haven’t made a trade yet in August. That’ll change this week with options expiration upon us as I adjust my option holdings. It’s not necessarily because I’ve been too busy to get to it, but more so that I couldn’t find anything I liked that I wasn’t already invested in with this latest dip back towards the lower side of the broad market’s trading channel.
I have a mixed bag of how August options expiration could end up for me. AVAV looks like it’ll stay below my covered call strike, so I’ll re-write covered calls on my long shares. CSX could go either way. It’s under my strike now, but that can change any day. CVS is well below my strike and I’ll end up buying the shares unless I close it for a loss before the close on Friday. ITRI is well below my strike, so if I keep it I’ll write a new covered call. JPM is close to my naked put strike which means my higher strike covered call will expire OTM and I’ll keep my shares and might even buy more if my naked puts come into play. VXX is close to my August strike. If it stays under I’ll take the assignment and sell OTM covered calls in the hopes of it selling higher than I bought it. That’s in addition to the premiums.
Some of these decisions might go down to Friday afternoon as I continue to be patient and wait to see how the week pans out.
Underlying
Type
Quantity
Expiration
Strike
AVAV
Stock
200
AVAV
Call
-2
Aug
.00
CSX
Put
-2
Aug
.50
CVS
Put
-3
Aug
.00
EEM
Stock
200
EEM
Put
-2
Sept
.00
EEM
Call
-2
Sept
.00
GES
Stock
200
GES
Call
-2
Sept
.00
INTC
Stock
300
ITRI
Stock
100
ITRI
Call
-1
Aug
.00
JPM
Stock
100
JPM
Put
-1
Aug
.00
JPM
Call
-1
Aug
.00
MS
Stock
100
MS
Put
-1
Sept
.00
MS
Call
-1
Sept
.00
MSFT
Stock
200
NDAQ
Put
-4
Sept
.00
SPY
Stock
100
SPY
Put
-1
Sept
1.00
SPY
Call
-1
Sept
2.00
UCO
Stock
1,000
UCO
Put
-10
Sept
.00
UCO
Call
-10
Sept
.00
VXX
Put
-2
Aug
.00
VXX
Put
-3
Sept
.00
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