This month’s Personal Finance options recommendation includes two strategies, selling a covered call and selling a naked put on Target Corp. (NYSE: TGT) as described below. If you already own shares of Target, then you should consider selling a covered call against that stock position, but if you do not yet… Read More

BBY December $80 covered call expired worthless, resulting in a -32.2% loss for 79 days of exposure.  BBY December $70 naked put was assigned, resulting in a -27.4% loss for 78 days of exposure.  EMN December $100 covered call expired worthless, resulting in a -26.3% loss for 107 days of exposure.  EMN December $90 naked put was assigned, resulting in a -21.2% loss for 107 days of exposure.  In all four cases, selling options reduced the stock owner's losses compared to stand-alone stock ownership.  Read More