The Money Tree

Safely Generating Income in Retirement

JULY Expiration Results

Posted by mounddweller on July 16, 2011

Fellow Traders,

Not much to talk about with regard to my July results.  I only closed one position.  That was my NP trade in PBR.  This was my second consectutive month of selling NPs on PBR.  In both cases my puts expired OTM.   My transaction history for this trade is below.

I will be attempting to set-up a similar trade with PBR for the August expiration.  The AUG $31 puts closed Friday at $0.48 bid.  I’d like to get a little bit more than that if possible.  Thus, my intention is to wait and look to sell them on a down day in the coming week.




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