Welcome to the page that discusses Put Options

I want to start this blog by telling you that I have no 1-800 number, I am not trying to sell you any newsletter with the next great stock idea. I am not inviting you to come to my house and view a cleaning agent. I will not try to sell you plastic bowls or any other ‘can’t miss’ ideas. I do not have any life changing secrets and I cannot promise you a flat stomach.



I am going to share with you my daily option moves and the reasons behind them. My way of trading options are of course not the only way to utilize Put Options. This is a way that I have found to be simple and easy and not as complicated as some make this business. My hope is that you can develop a steady stream of income and continue to enjoy your life.











Friday, December 10, 2010

Final positions for the weekend

Well after opening and closing all kinds of NFLX position during the last 10 days, things have settled down to just two remaining positions.
Today I opened 30 for the Dec/17 strike of 175 received 1387.
I also opened 30 of the Jan 135 strike and received 1352.
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The plan is if NFLX stays up in the 190's or higher, next week I will roll the Dec 175's into a better strike and try to take in some extra $$
I will also roll the Jan 135 when the time is right into a better paying strike price.
Good trading all and I hope the coming holidays are happy and prosperous for all.

2 comments:

Nicky said...

Hello do you ever sell puts on 3X ETFs?
Does Tradeking allow selling puts on 3X ETFs?

Thank you.

Selling Put Options said...

Hi Nicky, I have not done any puts on ETF's. I'm not sure if TK allows that or not. I post some on TK but I do not trade there.
If you end up doing any of those keep me posted on the results.
Jerry