CHRISTMAS PROMOTION
LTOptions at a 33% discount during the Year End Holidays.
Tell me More

Friday, September 20, 2019

November RUT Elephant

Trade Details:

4 Nov RUT 1400/1390 Credit Put spread @0.65 credit each
2 Nov RUT 1680/1690 Credit Call spread @1.00 credit each

3 Nov IWM 169 Long Calls @0.30 debit each

Thursday, September 12, 2019

November SPX Unbalanced Iron Condor

Trade Details:

4 November SPX 2710/2700 Credit Put spread @0.65 credit each
1 November SPX 3180/3190 Credit Call spread @1.05 credit

Thursday, September 5, 2019

October RUT Elephant

Trade Details:

4 Oct RUT 1350/1340 Credit Put spread @0.65 credit each
2 Oct RUT 1610/1620 Credit Call spread @0.90 credit each

4 Oct IWM 162 Long Calls @0.20 debit each

Monday, August 19, 2019

October SPX Unbalanced Iron Condor

Trade Details:

4 October SPX 2590/2580 Credit Put spread @0.75 credit each
1 October SPX 3100/3110 Credit Call spread @1.10 credit

Thursday, August 1, 2019

September SPX Unbalanced Iron Condor

Trade Details:
(It was actually entered yesterday July 31, I just didn't find the time to come blog about it)

4 September SPX 2730/2720 Credit Put spread @0.65 credit each
1 September SPX 3120/3130 Credit Call spread @1.05 credit

Thursday, July 25, 2019

Enhanced Investing when things go wrong

This article appeared first on enhanced-investing.com
----------------------------------------------------------------------------------------------------

On April 10 of this year (2019), I was assigned 100 shares of CVS at a price of $60 per share. The Short April Put , strike 60, that caused this assignment had been originally sold for a $62 credit.

Ideally when an assignment happens, the price of the stock will be near your short option strike price, so that your open losses don’t look ugly. More importantly so that you can sell Out of the Money Calls that not only give you additional credit, but which are also above your shares assignment price, so that you can make capital gains too on a rebound of the stock.

Tuesday, July 16, 2019

September RUT Elephant

Trade Details:

4 Sep RUT 1390/1380 Credit Put spread @0.70 credit each
2 Sep RUT 1660/1670 Credit Call spread @1.15 credit each

3 Sep IWM 167 Long Calls @0.32 debit each