Archive for: January 2008

January 31, 2008

Monthly Summary – January 2008

Filed under: Account Summary - 31 Jan 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 …

January 30, 2008

More Option Trades – AA, MO and CAT

Filed under: Finance,Stock Picks - 30 Jan 2008

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 …

January 29, 2008

MRO Rising

Filed under: Finance,Stock Picks - 29 Jan 2008

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. 

January 27, 2008

NASDAQ Composite ($COMPX) Chart – January 25, 2008

Filed under: Finance,Indices,Stock Charts,Stock Picks - 27 Jan 2008

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.

January 26, 2008

Know your Options when Selling Options

Filed under: Beginners,Finance,Stock Picks - 26 Jan 2008

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 …

January 24, 2008

Time Value to the Rescue

Filed under: Finance - 24 Jan 2008

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 …

January 23, 2008

More Trades – Getting (a little) more Delta Neutral

Filed under: Beginners,Finance,Stock Picks - 23 Jan 2008

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 …

Shorting Shutterfly (SFLY) and trying to Dump MOT

Filed under: Finance,Stock Picks - 23 Jan 2008

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 …

January 22, 2008

Still Kicking – Thanks VIX

Filed under: Finance,Stock Picks - 22 Jan 2008

I started today down $6500+ in my account and every time I refreshed the screen I improved a little until I was down $4900.  At that point I stopped being able to access my TD Ameritrade account.  A friend of mine said …

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