Friday, May 5, 2017

Expiring Options for May 5, 2017

OptionAccounts (Position)
AAPL 05MAY2017 135 PUT(2)
AAPL 05MAY2017 140 PUT(-2)
GILD 05MAY2017 72 CALL(-1)

My options expired worthless.  

$AAPL traded well above $140 per share after their earning report.  I chickened out and cancelled my 3x2 other contracts last Friday when they did not fill.  I left off $210 from that trade, but I collected $146 in premiums minus $5.14 in commission.

$GILD traded well below $72 after their earning miss.  I was hoping to get rid of my shares, but $GILD lives another day in my portfolio.  I collected $42 in premium minus $1.10 in commission.

The commission per contract were higher than usual.  I can never tell... it all depends on the route of the bid/ask.  

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