Option Trading Articles: Re: [ConservativeOptionStrategies] Re: update positions

Monday, June 21, 2010

Re: [ConservativeOptionStrategies] Re: update positions

Naked puts are out but most brokers allow cash secured puts to be written. Have you checked this possibility?

----- Original Message -----

From: CHARLES I WEBSTER III

To: ConservativeOptionStrategies@yahoogroups.com

Cc: gass20@aol.com

Sent: June 21, 2010 11:41 AM

Subject: Re: [ConservativeOptionStrategies] Re: update positions

Drjoe:   I cannot do NAKED PUT SELLS in my IRA, but I would like to do PUT

           CREDIT SPREADS using a Strike Spread of 10 pts of risk.......do YOU think

           this could be a viable strategy??????

                                                                    Traderkip

P.S. Thanks for sharing your trading activity & strategy with all of us

Remember:
You're never old, unless
you think you are; but it
IS later than you think!

kipwebster@yahoo.com

--- On Mon, 6/21/10, gass20_joe <gass20@aol.com> wrote:

From: gass20_joe <gass20@aol.com>
Subject: [ConservativeOptionStrategies] Re: update positions
To: ConservativeOptionStrategies@yahoogroups.com
Date: Monday, June 21, 2010, 9:27 AM

replaced the eem and iwm short puts that expired:

iwm sept 61 and eem sept 37 for 2.35 and 1.19..
income generated = 925 and 342 = 1267

final monthly total 6748 with 215700 invested.....100% cash secured puts no margin

that is 3.13%

drjoe

--- In ConservativeOptionStrategies@yahoogroups.com, "gass20_joe" <gass20@...> wrote:
>
> spy june 99 put - expired
> iwm june 65 put - expired
> eem june 38 put - expired
>
> assigned on:
>
> iwm june 68 and june 71
> sto today sept 68 and sept 71 calls @3,87 and 2.39
> total = 2474
>
> eem june 40 and june 42
> sto today sept 40 and sept 42 calls @ 2.73 and 1.68
> total = 1293
>
> spy: sto sept 100 put @ 1.73
> total = 1714
>
> total income for month = 5481
>
> drjoe
>