Microscopic option selling

Discussion in 'Journals' started by deltazero, Dec 1, 2013.

  1. Account value $2796.
     
    #31     Dec 31, 2013
  2. Again account value $2796. Tomorrow I will roll my call.
     
    #32     Jan 2, 2014
  3. I rolled my call to Jan14, strike 25. Credit $72.
    Currently, my time value yield is 80%, although in reality I will be lucky if I get half of that.
     
    #33     Jan 3, 2014
  4. Account value $2832
     
    #34     Jan 3, 2014
  5. Account value $2812, no trades.
     
    #35     Jan 7, 2014
  6. Account value $2856. Time value yield is 99%
     
    #36     Jan 8, 2014
  7. CLF is falling and so is my time value yield.
    I sold my 30 Apr put and bought 27 Apr put. All for a credit of $217, which covers my loss on short put option.
    Also, I closed my short put and sold Jan 14, 23.50 put.
     
    #37     Jan 9, 2014
  8. Account value $2745
     
    #38     Jan 9, 2014
  9. Account value $2768
     
    #39     Jan 10, 2014
  10. Account value $2764
     
    #40     Jan 13, 2014