Options Trading: This Week’s Expirations

 The week of May 19, 2025, is shaping up to be an important one for my portfolio, with multiple positions set to expire on May 23. There’s always that mix of anticipation and strategy at play when options near expiration—especially when deciding whether to let them ride or make adjustments. Here’s a look at the open positions and what they mean for my trading plan.

Current Open Positions

Date	Symbol	Option Type	Strike Price	Expiration	Contracts	Entry Price	Exit Price	Profit/Loss	Status
5/16/2025	UNH	Call (Sold)	295	5/23/2025	1	1175	-	-	Open
5/15/2025	MSTX	Cash-Secured Put	40	5/23/2025	1	200	-	-	Open
5/15/2025	TSLL	Cash-Secured Put	13	5/23/2025	3	0.43	-	-	Open
5/9/2025	TSLL	Call (Sold)	10	5/23/2025	3	2.32	-	-	Open

Where Things Stand

• Sold Calls: UNH & TSLL Selling calls means I’m collecting premium upfront, but it also means I’ve capped my upside unless I roll or adjust the position. With UNH at a 295 strike, it’s all about watching how close it gets—if it runs too far above 295, I might need to rethink my strategy. The TSLL call sold at a 10 strike is interesting because TSLL has been volatile, so this could go either way.

• Cash-Secured Puts: MSTX & TSLL I’ve taken a stance on these with cash-secured puts, meaning I’m willing to buy at the strike price if assigned. The MSTX put at 40 is a relatively safe bet for me, as long as MSTX doesn’t drop too sharply before expiration. TSLL’s put at 13 is in a similar boat—I’m fine owning it at that level if necessary, but I’ll be watching price movement to decide if rolling makes sense.

Final Thoughts

This week is about balancing risk and reward—do I hold tight and let these expire as planned, or do I step in to adjust my strategy? Options trading is always a game of probabilities, but having a plan going in makes all the difference.

Are you adjusting any positions this week, or are you letting them run their course?