Category Archives: Short Put

Bullish positions in UNG (US NAT GAS Fund ETF)

Underlying chart … A few different approaches to initiating a bullish position.  Each one has it’s nuances in terms of capital required, P&L. – A call debit spread, financed by the sale of cash secured puts. – A synthetic covered call … Continue reading

Posted in Bull Call Spread, Commodities, Covered Write, Diagonal, Natural Gas, Options, Short Put, UNG | Leave a comment

Short Put – Light Sweet Crude Oil Futures

SOLD -1 /CLN4 1/1000 JUL 14 /LON4 93 PUT @.48 Days to exp. = 55 POP = 88.9% Max. profit = $480 (exc. commissions) Buying power effect = $991 ROC = 480/991 =~ 48%

Posted in /CL, Commodities, Futures, Oil, Options, Short Put | Leave a comment

CRM ( naked (short) put

CRM has fallen around 14% since it’s latest high at the end of Feb – earning were on 2/27.  Implied Volatility is high making premium selling attractive.  Price is also around the 618.8% fib retracement of the AB up move … Continue reading

Posted in CRM, Fibonacci, Implied Volatility, Misc. Setups, Misc. Underlyings, Options, Short Put | Leave a comment

SLV – Short Naked Put

Precious metals have been hammered pretty bad over the past 9 months or so as evidenced by the chart below. There is certainly an argument to be made about not catching a falling knife.  However, I see some support coming … Continue reading

Posted in Commodities, ETF, Options, Short Put, Silver | Leave a comment

USO – Approaching Demand (Support)

Click here to view charts. – Although USO has fallen hard since the start of May, it’s approaching a demand zone (support) around the 36.40-35.60 area.  The level also confluences with the 50% Fib Retracement of the AB up move. – Would … Continue reading

Posted in Bull Call Spread, Bull Put Spread, Commodities, Fibonacci, Long Call, Misc. Setups, Options, Short Put, Support (Demand) - Resistance (Supply), USO | Leave a comment