Monday's trading report
My order to sell 18 PUT contracts of HTZ at a strike of $3.00 and a premium of $0.25 on the May 15, 2020 expiration was filled immediately when the market opened. The opening price was $0.25. It had a range of $0.20 - $0.33. It had a last sold of $0.23. If I let my original premium of $0.30 stand I might have gotten filled at some point during the day. But, I don’t know if all 18 contracts would have been filled. I think it was good call to ensure that I got filled at $0.25.
My order to sell 4 CALLs of LUV at a strike of $30 and a premium of $0.15 on the May 15, 2020 expiration was partially filled immediately when the market opened. I sold 2 of the 4 contracts. I changed the premium to $0.10 at 9:52:15AM Eastern. Then I changed the premium to $0.05 at 10:03:39AM Eastern. I got filled at $0.06 at 10:03:40AM Eastern. The opening price was $0.15. It had a range of $0.05 - $0.15. It had a last sold of $0.05.
I adjusted my order to sell 3 CALLs of PG at a strike price of $116 and a premium of $1.60 on the May 15, 2020 expiration to $1.40 at 09:50:38AM Eastern. I adjusted it to $1.25 at 09:58:24AM Eastern. I adjusted it to $1.15 at 10:02:24AM Eastern and it was filled immediatly. The opening price was $1.36. It had a range of $1.02 - $1.42. It had a last sold of $1.06.
I’m glad that I was clear that I wanted to ensure I sold all my contracts today. That clarity made it easy for me to make the adjustments early in the morning. While I could have theoretically gotten a higher premium on some contracts, I think it’s better that I took quick action.
I give thanks to the Universe for the abundance it provides me. I surrender and am open and ready to receive.
Bhavatu sabba mangalam - May all beings be happy