Today’s Trades: GAP, VLO

The Gap Inc. (GAP)

Sold two Oct 19 strike cash-secured puts @ $.77 each. ($154), representing a 37.93% annualized yield.

  • rated all green, “top stock” by Seeking Alpha
  • 3% yield on the stock

Valero Energy Corporation (VLO)

Added some shares to my existing position.

  • rated 2 green on Seeking Alpha
  • 3.19% yield

 

Today’s Trades: MRVL, PFE

Marvell Technology (MRVL)

Closed out a short put option in MRVL for a 90% profit. Annualized yield 14.2%.

YOU BOUGHT CLOSING TRANSACTION PUT (MRVL) MARVELL TECHNOLOGY AUG 16 24 $62.5 (100 SHS) (Cash) -$15.03

Pfizer (PFE)

Sold a put option on a stock I wouldn’t mind owning if it is put to me. Annualized yield 15.07%.

Sell to Open 1 Contract PFE Oct 18 2024 28 Put Limit at $0.74 (Day)

Today’s Trades: MU, NVDA, AMD, SFL

Had a 3-month T-Bill mature today so I used the funds to sell 3 cash-secured put options on stocks I wouldn’t mind owning should they get put to me.

Micron Technology, Inc. (MU)

Advanced Micro Devices, Inc. (AMD)

Sell to Open 1 Contract AMD Sep 20 2024 130 Put Limit at $5.65, Filled at $5.65
This represents a 27.83% annualized yield.

NVIDIA Corporation (NVDA)

SFL Corporation Ltd. (SFL)

Today’s Trades: HASI, GLU, UBER, NLCP

Today’s Trades: FNF, NKE

Fidelity National Financial, Inc.(FNF) reached my target price, sold my holdings at a $55 for a 40% profit. I will rebuy this stock when it gets back below $38.

I used these proceeds to add a new stock to my portfolio:

NIKE, Inc.(NKE)

  • rated 1 Green on Seeking Alpha
  • recommended by Alpha Investor
  • Yield 2.03%
  • Bearish rating; near its 52 week low, but great price