Welcome to my monthly options update!
Here, I shall write monthly options update articles to keep track of options trades in my portfolio. Each options update serves as a status report on the open options and the obligations I have. A running tally of all my options trades and income to date are found on the Options page.
Assigned Options
I did not get assigned any options this month.
Expired Options
Here, I shall write monthly options update articles to keep track of options trades in my portfolio. Each options update serves as a status report on the open options and the obligations I have. A running tally of all my options trades and income to date are found on the Options page.
Assigned Options
I did not get assigned any options this month.
Expired Options
No option expired this month.
Closed Options
When an out of the money option goes further out of the money, one may close the option early and secure most of the options income.
I did not close any options this month.
Rolled Options
An option can be rolled forward by buying back an option and selling another option with a later expiration date. Rolling is done to avoid options assignment for in the money options.
I did not roll any options this month.
I did not sell any call options this month.
I did not sell any put options this month.
New Call Options Sold
Selling calls is a way to earn premiums from time decay on securities that are unlikely to reach a certain strike price within a certain time frame. This is best done on stocks you already own so as to limit liabilities should the underlying security shoot to the moon.
I did not sell any call options this month.
New Put Options Sold
Selling put options is a way to earn premium for agreeing to buy a stock at a given price for a period of time. This is best done with high quality, buy and hold stocks that have limited downside.
I did not sell any put options this month.
Options Expiring Next Month
2 options will expire next month:
Trade #45: Sold 1 BIDU put option strike 110 exp 12/20/19 for $973.18 net premium: I made this trade back in May after BIDU sold off to around 114 after the company reported disappointing earnings results. The stock has since recovered somewhat due to trade agreement optimism and the option is now out of the money 7.75% from strike. Assignment is unlikely.
Trade #46: Sold 1 BIDU put option strike 110 exp 12/20/19 for $999.18 net premium: I made this trade back in May after BIDU sold off to around 113 the day after I made Trade #45 above. The stock has since recovered somewhat due to trade agreement optimism and the option is now out of the money 7.75% from strike. Assignment is unlikely.
Trade #46: Sold 1 BIDU put option strike 110 exp 12/20/19 for $999.18 net premium: I made this trade back in May after BIDU sold off to around 113 the day after I made Trade #45 above. The stock has since recovered somewhat due to trade agreement optimism and the option is now out of the money 7.75% from strike. Assignment is unlikely.
Cumulative Options Income Summary
As of November 2019:
Cumulative Cumulative Secured
Options Income Options Income
This Month: $ 16,074.05 $ 3,874.95
Last Month: $ 16,074.05 $ 3,874.95
Difference: $ 0.00 $ 0.00
Below is a monthly tracker showing my cumulative total and secured options income. No change from last month due to lack of options trading activity this month.
As of November 2019:
Cumulative Cumulative Secured
Options Income Options Income
This Month: $ 16,074.05 $ 3,874.95
Last Month: $ 16,074.05 $ 3,874.95
Difference: $ 0.00 $ 0.00
Below is a monthly tracker showing my cumulative total and secured options income. No change from last month due to lack of options trading activity this month.
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