Had some mistakes yesterday on my spreadsheet. Looks like my portfolio was up yesterday $2,148.46. Sorry about the confusion. All it means is that my loss today is even bigger then when I first tried to calculate it.
DOW down 29.23, S&P 500 down 1.58 and the Portfolio was down $574.18. No trades today. Had those covered calls for MS move against me today in a big way. MS was up 2.23% and now this June call I sold is ITM (in the money) and moved 20.98% today alone. I'm still in the money myself. I sold the call for $1.70 at a strike price of $28 so I would still be making more money on anything under $29.70 selling this call.
The VIX (volatility index) just dipped below 30 for the first time in a long time. This is going to start dropping the prices of options. Time to implement your options strategy is now!!!1
No comments:
Post a Comment