February Options Expiration
I’ve talked a lot lately about my bad trades, but I am taking a moment to reflect on the good which is most of what I’ve had the past few weeks. It’s just that one bad trade can beat out a few good trades. It continues to be a numbers game with my trading model. I have to make sure I maintain my search for good trades to have premiums that help balance out my losses on positions like NVDA.
I had the following options expire as of close yesterday. The yellowish squares on the right show which options expired in-the-money (ITM). Two were covered calls circled in green showing that I’ll be receiving cash from the sale of my shares being called away. The two circled in red show that I had too high of a strike and will have to pay when the shares are assigned Monday morning. The blue circles show […]
Original post by Alex Fotopoulos