JC: We sell far out - of - the -
money naked puts and calls, as well as strangles and condors on about 10 different commodities.
While the biggest part of the post-election rally might be in the books, I think I could do well by selling some out of
the money naked puts for January and February.
Until then, I'm planning to use lower volatility ETFs for my at
the money naked puts and farther out of
the money naked puts or at the money covered calls on the more volatile ETFs and stocks.
Not exact matches
If the $ 1.35 limit order doesn't hit, that'll mean that DIS has regained its footing and my single
naked put should finish out - of - the -
money.
I still have an IWM January
naked put that's more than 8 % out of the
money and a SPY March
naked put that's 7 % out of the
money.
I've been watching Materials Select Sector SPDR Fund (NYSE Arca: XLB) for a while — ever since my last
naked puts finished out - of - the -
money.
My NFLX
naked put was still more than $ 60 out of the
money at the end of March.
My AAPL
naked put was only $ 3 out of the
money.
My one FB May $ 160
naked put is more than $ 25 out of the
money and trading with a bid / ask of $ 0.02 / 0.03.
On the downside, my one GS May $ 265
naked put is nearly $ 27 in the
money and will be assigned this weekend.
My one MDY March $ 165
naked put was nearly $ 15 out of the
money by today's close.
A trader selling out - of - the -
money puts is said to be selling
naked or uncovered
put options.
Also a lot of my
naked puts are getting fairly far out of the
money and covered calls are deep in the
money.
If I'm assigned the first lot of 1,000 shares at $ 124 and the $ 132 calls expire worthless, I'll plan to sell covered
puts out of the
money and will sell more
naked calls out of the
money again.
USO I started the day by selling covered calls on my 300 newly acquired USO shares I had to buy at $ 31.00 (I paid $ 9,319.99 with commissions) from the February 31
naked puts that expired in the
money (ITM).
Another options strategy that can potentially lose you
money in the stock market is selling
naked puts.