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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

PPL July $38 covered call was assigned, resulting in a 3.77% profit for 107 days of exposure.  PPL July $36 naked put expired worthless, resulting in a 2.13% profit for 107 days of exposure.  WBA July $90 covered call expired worthless, resulting in a -6.80% loss for 107 days of exposure.  WBA July $80 naked put was assigned, resulting in a -0.06% loss for 107 days of exposure.  In three of the four cases, selling options increased the stock owner's wealth compared to stand-alone stock ownership. The one exception was the PPL naked put -- and even that made money. Read More