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.
This was a quiet month for me, as I did trade any options. My current options have rebounded strongly cutting my unrealized losses down to ($1,513.57) from ($6,125.82) last month.
Assigned Options
No options got assigned this month.
Expired Options
No options expired worthless this month.
Cumulative Options Income Summary
As of April 2020:
Cumulative Cumulative Secured
Options Income Options Income
This Month: $ 18,476.13 $ 7,788.10
Last Month: $ 18,476.13 $ 7,788.10
Difference: $ 0 $ 0
Current unrealized gain/(loss): ($1.513.57)
Total realized and unrealized gain/(loss): $16,962.56
Note: Unrealized gain increases the chance of eventually securing option income, while unrealized loss does the opposite.
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.
This was a quiet month for me, as I did trade any options. My current options have rebounded strongly cutting my unrealized losses down to ($1,513.57) from ($6,125.82) last month.
Assigned Options
No options got assigned this month.
Expired Options
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.
New Call Options Bought
Buying
calls is a bet that the underlying security will go up significantly
before option expiration. It is high risk, as most options expire
worthless, but potentially high return, especially when the price of the
security has dropped significantly.
I did not buy any call options this moth.
I did not buy any call options this moth.
Options Expiring Next Month
No option will expire next month.
As of April 2020:
Cumulative Cumulative Secured
Options Income Options Income
This Month: $ 18,476.13 $ 7,788.10
Last Month: $ 18,476.13 $ 7,788.10
Difference: $ 0 $ 0
Current unrealized gain/(loss): ($1.513.57)
Total realized and unrealized gain/(loss): $16,962.56
Note: Unrealized gain increases the chance of eventually securing option income, while unrealized loss does the opposite.
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