Trading Mentors 3/15/24


 

We have sold a couple more of our stock holdings.
Sold our 5 shares of XLC at 79.72
Sold our 15 shares of XLF at 40.93We have a couple of positions being “called away” over this weekend. We have 100 shares of DELL and 100 shares of CVS. No adjustments are required with those March covered calls unless you wish to retain the shares. In which case, you would need to “buy to close” the ITM covered calls.

We have sold a put in DELL that would require us to rebuy the 100 shares sold but at a steep discount to current prices.
Sold to open: DELL June 21st (monthly) 90.00 strike put
Credit: 2.30 – this order has filled

We have a covered call in BRKB that will expire this weekend. We resold another today to replace it.
Sold to open: BRKB May 17th (monthly) 440.00 strike call
Credit: 1.20 – this order has filled

We have a covered call in MTCH that will expire this weekend. We resold another today to replace it.
Sold to open: MTCH May 17th (monthly) 42.50 strike call
Credit: 0.38 – this order has filled

We have a covered call in Z that will expire this weekend. We resold another today to replace it.
Sold to open: Z June 21st (monthly) 60.00 strike call
Credit: 2.40 – this order has filled