Today is the day my option contracts expire, and I can write more.

Again, my entire trading strategy right now is that I have no idea what the market is going to do for the next month, so I might as well be a vendor and just sell contracts instead of attempting to speculate in the market.

However, that is not to say that being a seller is dull, and I walked away with some interesting observations from the past 30 days.

First, there was a stock position that did very well, and that got Assigned at the last minute (that is, I had to sell my stocks to him at our agreed price). Congrats to whoever it is for your huge relative gains. In any case, now I know what it looks like when my stocks have been sold.

Second, there was another stock position that was essentially flat. In this case, the covered calls worked out perfectly, because I already made money on a flat-performing stock. Not surprisingly, it did not get Assigned so I get to sell some more contracts on it.

My third and final stock position was absolutely atrocious. Atrocious! Even so, I can still write contracts on them, albeit for a lower premium. Despite the paper drop, I am surprised that I can still squeeze out $200 this month on this position!

In all, I'm very pleased with this type of trading, even though, yes, it's still chock full of risks. Again though, I'm in no rush, so baby steps still.