Time for an update.
All of my short option positions expired with two exceptions. First, my KEX short puts expire next month. Second, my short puts on TDW were exercised against me as the stock declined in price. That's okay, since I like Tidewater and plan to hold that stock for at least ten years. It's P/E ratio is ridiculously low right now and I plan to initiate formal coverage of the stock soon.
I am now writing covered calls on my long position in TDW.
I renewed my short straddles on FXI and GDX. I did not change my holdings in either of those underlying securities.
My long puts against IYR and LMT remain in place.
All of my short option positions expired with two exceptions. First, my KEX short puts expire next month. Second, my short puts on TDW were exercised against me as the stock declined in price. That's okay, since I like Tidewater and plan to hold that stock for at least ten years. It's P/E ratio is ridiculously low right now and I plan to initiate formal coverage of the stock soon.
I am now writing covered calls on my long position in TDW.
I renewed my short straddles on FXI and GDX. I did not change my holdings in either of those underlying securities.
My long puts against IYR and LMT remain in place.
