The Money Tree

Safely Generating Income in Retirement

Archive for March 23rd, 2010

March Expiration

Posted by mounddweller on March 23, 2010

All,

Sorry for the delay in posting a message. This past Saturday my PC crashed and I’m slowly trying to recover lost data. Every day something else I need comes up missing.

Enough about that, please recall I only had two open position in March. My WFR position was called away. I originally set-up this trade in December and over the past 3 months sold a series of calls and naked puts. My total return for the 3 month period was a little over 14%. Not bad.

My other open position is in GME. You’ll recall I sold APR $21 calls on it back in February after it had taken quite a tumble falling from around $22 down to around $18. It it now back up above $22. If the market holds I will be called away at APR expiration.

Best of luck to everyone this month. I hope to be back in a few days with some new trades.

Regards,
Troy

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