US Options Expiry - November 2007
Very volatile month this month and none of my positioned were assigned/exercised… ie. i still have all my stocks!
As you can see AAPL and RIMM are doing fine… NVDA and AMZN are doing not so fine, but the premiums for December should more than cover the deficit!
Anyways… market is just opening as I am finishing up this post, I will need to “re-lease” my stocks out… and maybe open a few new positions.
The Trade - 16/11/2007
NVDA
Options/Contract = 100
Trade Opened - 22/10/2007
Buy 100 NVDA @ $38.66 ($3,866.00)
Sell 1 NVDA $37.50 Call @ $3.00 ($300.00)
I was not exercised/assigned (16/11/2007)
Premium Received: $300.00 (8.41%)
Unrealised Profit/Loss: -$621.00 (-17.41%)
Net Unrealised Profit/Loss: -$321.00 (-9%)
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The Trade - 16/11/2007
AAPL
Options/Contract = 100
Trade Opened - 22/10/2007
Buy 100 AAPL @ $174.42 ($17,442.00)
Sell 1 AAPL $170.00 Call @ $12.42 ($1,242.00)
I was not exercised/assigned (16/11/2007)
Premium Received: $1,242.00 (7.67%)
Unrealised Profit/Loss: -$803.00 (-4.96%)
Net Unrealised Profit/Loss: $439.00 (2.71%)
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The Trade - 16/11/2007
RIMM
Options/Contract = 100
Trade Opened - 22/10/2007
Buy 100 RIMM @ $114.13 ($11,413.00)
Sell 1 RIMM $110.00 Call @ $9.06 ($906.00)
I was not exercised/assigned (16/11/2007)
Premium Received: $906.00 (8.62%)
Unrealised Profit/Loss: -$656.00 (-6.24%)
Net Unrealised Profit/Loss: $250.00 (2.38%)
=======================================
The Trade - 16/11/2007
AMZN
Options/Contract = 100
Trade Opened - 22/10/2007
Buy 100 AMZN @ $90.52 ($9,052.00)
Sell 1 AMZN $90.00 Call @ $6.75 ($675.00)
I was not exercised/assigned (16/11/2007)
Premium Received: $675.00 (8.06%)
Unrealised Profit/Loss: -$1,192.00 (-14.23%)
Net Unrealised Profit/Loss: -$517.00 (-6.17%)
Hey Yong,
Crazy month hey! Looks like market is testing its Feb and Aug prices again.
Had to sell SBUX. Learnt a lesson.
When you have written a CC yet own your bought stock, consider writing ITM, just for downside buffer.
Good Luck!
P.S.
Only holding only RIMM at them moment.
Also thinking about CAT, SLB and BA again. =)
[...] to make these post, but here they are!My 4 positions from last month didn’t get exercised - Click Here for detailsSo I still have NVDA, AAPL, RIMM, [...]
[...] Some of these trades are from previous month (October) which didn’t get assigned, so I wrote the call options again to pick up some premiums! No harm collecting more money. You can see my old position from November here [...]