Archive for: January 2008

I gave back a lot of profits this month and I’m glad the month is over, if only that also guaranteed my losses were done.  Actually I feel pretty good about my holdings right now and still expect to finish …

I’ve been debating my next move on AA since I wrote about it a couple of days ago here. I decided to wait to see how the markets reacted to whatever the Fed did …

I had another good day today (up $1200+) as the time value on my 20 options erodes running up to the February expiration.  With stocks rebounding still I’ve also gained on intrinsic value going my way finally. 

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I’ve charted the Dow Jones Industrial Average (btw, it just changed its ticker to $DJI from $INDU) the past few weekends, so I’m switching it up today to chart the NASDAQ Composite ($COMPX).  This is a three year weekly chart.

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If you are going to enter into the world of selling options you have to know your options (pun intended) and the risks that come with each. I love to sell options because I like receiving premiums rather than paying premiums, much like …

I’ve sold a lot of options in the past few days and now have a lot of time value to erode in the next three weeks.  Here’s a snapshot of the positions I’m short and the time value associated with …

I was down by almost $3200 again today by the end of my lunch break.  That’s when everything changed.  I ended the day up almost $350. 

I sold 2 MRO Feb 50 calls (MROBJ) and received $149.50 after commissions.  This trade …

I wrote this yesterday, Tuesday, January 22nd. I thought I published it and apparently only hit save. Anyway, here’s a post from yesterday with already dated info. 

At the end of lunch today, MOT was trading back and forth over …