Category Archives: Daily Journal

I posted my research on RNF, a few weeks ago.  I wrote a covered call on 6/2/15, with a strike of $15 and expiry on 6/19/15.  Funny, RNF traded right at $15 at the closing on 6/19/15.  I was on … Continue reading →

BIDU is reporting earnings on 4/29/15.  How to deal with BIDU (and other stocks) earnings report? I have a BIDU covered call (long BIDU shares and short BIDU options, exp. 5/1/15 strike 215). BIDU is up today and trading at … Continue reading →

My FFIV  Jan. 18th 2014 short calls (part of the covered call) are expiring in a few days.  It’s deep ITM now.  I see 2 ways to roll this up. 1. Credit spread of $80 (1/18/14) to $85 (7/19/14): net … Continue reading →

My CRM (now at $57.17) short call of $43.75 (part of the covered call) contracts are due to expire this Friday.  CRM’s 200 day MA is ~$47.  Since 43.5 is too deep ITM, I want to raise the strike price … Continue reading →

AGNC pays 13.31% dividend.  What’s more interesting is this is also a weekly option stock with high liquidity. I wrote a covered call of AGNC with a net debit of 23.58 for a call strike of 24 (exp. Sept 27th). … Continue reading →

CYS is a high dividend paying stock ($0.34/sh with a dividend yield of 16.77%).  It’s ex-dividend date for this quarter is Sept. 20th.  I wrote a covered call for CYS today, with the option to expire on Sept 21st.  The … Continue reading →

Today’s trade: Bought SLW at $39.58/sh, sold SLW calls, expiring Sept 9th, strike 39, for $1.19.  Net cost to me: $39.58 – $1.19 = $38.39/sh.  If SLW price is above $39 by close this Friday (3 days), my profit is … Continue reading →

Along with the global weakness again, MCP dropped  more than 5% this morning.  In one account, I have MCP ($50 strike) expiring tomorrow.  I rolled it up (bought MCP $50 Aug 20 and sold Sept. 17 $50) with a credit … Continue reading →