Archive for: October 2007

I put a limit order in to sell covered calls on Cisco (CSCO) back on October 23rd in my IRA. While CSCO was trading at 33.03 my order for three December 35 covered calls hit and I received 257.74 after commissions.  I’m …

Discount broker TD Ameritrade (AMTD) has an online only division called Izone that I have never seen advertised but have heard about on various other blogs and forums.  It is a little closer to a deep discount broker than the regular TD …

I bought my covered calls back in my IRA on ADBE.  I took a loss on the calls themselves, but have a better gain on the underlying stock.  I like ADBE fundamentally and technically.  The chart below shows the trend lines ADBE has been …

The last time I charted the QQQQ I was close to dead on.  That’s been nearly two months so I figured I should try my luck again.  This time I drew the weekly one …

Check out the stock chart for MRO below.  60 has been a key mark over the past six months as you can see from where I circled the points in red.  Today, circled in green is the point where MRO …

I watch Mad Money about once per week these days.  I happened to catch Jim Cramer’s episode at the beginning of last week when he said this about Nvidia (NVDA):
“Nvidia has come up with the single best killer chip. That’s …

I checked the futures this morning and saw the markets were headed higher as Motorola (MOT) helped lead the way.  Since I sold five naked puts on MOT worth nearly $10,000 in underlying value (12% of my account balance) last week …

The debate over good debt and bad debt may never be agreed upon.  Pick any day and you can find an article written about the benefits of borrowing money to fund certain major purchases such as a mortgage for a house or a loan for …

Anixiter International (AXE) is taking a beating this morning during its earnings call.  3Q income declined by 15%.  They plan for more of a slow down in Q4 too.  The stock was down by over $6.

While my November 75 naked …