Options for stock investors. A better way to trade.

June Option Expiration Update – THREE WINNERS Textbook Trades monthly probability performance plays

June Expiration – Cash Secured Put Sales/Option Wheel

The strategy to sell puts as a method to buy stock at a discount or get paid not to… to take advantage of the recent market fears and volatility spike.


Below updates the June positions that go off the board today.


6% return in month– Twitter Sold June $14 Put current TWTR price $16.05 option will expire worthless as per plan for max profit.




5% return in month– Transocean Sold June $9 Put current RIG price $11.20 option will expire worthless as per plan for max profit.





Chesapeake Energy sold June $4.50 covered call on assigned long shares from November cash secured put sale to lower cost basis to $4.00.


Currently CHK price is at $4.62.  IF price remains here at close the shares will be taken away to close out position with 13% profit.



If not above $4.50 at close a July covered call will be sold to lower cost basis again.

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