I expect
my TLT naked calls to expire worthless or that I'll close them early for a few bucks.
I have three options set to expire in December — 10
TLT naked calls, one SPY covered call and one MDY covered call.
Not exact matches
I had a loss of $ 827.39 (~ 0.82 %) on paper for March (compared to the Dow's 3.47 % decline and the S&P 500's 2.64 % decline) and had $ 1,214.09 in realized gains from my seven closing trades on my ADI, GS, IWM, WMT, and XLB
naked puts in addition to my short
TLT call spread.
The realized gain came from 10
TLT November $ 125
naked calls, one DIS covered
call assignment and forced sale of 100 shares (this $ 200.99 net gain includes the premium from original put assignment), one DIS November $ 100 put that expired worthless, three IWM November $ 118 covered
calls that expired worthless, and two FEZ puts that were assigned (these put premiums will be used to lower my cost per share and didn't create a realized gain in November).
My other option is on
TLT in the form of 10 $ 124
naked calls.
I was able to bring in $ 2,069.17 in premiums today by selling
calls on
TLT, DIS and IWM and rolling my DIS
naked put higher.
A week ago,
TLT was trading $ 5 higher and I sold my second leg of 10
TLT September
naked calls.