Buy
BRKB via selling Jun 97.5 puts @110.4
Buy
IWM via selling Jun 85 puts @96.1
I
take tiny June positions in Berkshire and the Russell 2000 ETF. Both
are way out of the money and the premiums are tiny. I am doing it
because I have virtually no exposure.
These are even more conservative than my usual low risk, low reward put sales. I remain skittish, but don't want to sit entirely out. I plan to add a few more positions for June, but it will fewer positions that I have been doing because I still have the stock market on storm watch.
APC Anadarko Petroleum came out with good earnings yesterday, and sold off on a reversal day. I paln to do something with APC for June, but am waiting for a better entry. The May APC option sales are looking good for now.
These are even more conservative than my usual low risk, low reward put sales. I remain skittish, but don't want to sit entirely out. I plan to add a few more positions for June, but it will fewer positions that I have been doing because I still have the stock market on storm watch.
APC Anadarko Petroleum came out with good earnings yesterday, and sold off on a reversal day. I paln to do something with APC for June, but am waiting for a better entry. The May APC option sales are looking good for now.
Long
BA BRKB IWM LGF PG WFC TSLA
Net
long SPY
Net
short APC LEN
No comments:
Post a Comment