Archive for: April 2008

I had another strong month in April.  I’m still unwinding some of the trouble I got in back in January (and earlier).  Although I’m taking some realized losses for those mistakes occasionally, I’m moving forward which is the entire point.  …

So much for sitting on the sideline and watching.  My order for more SFLY naked calls hit this afternoon just before 3:00.  While SFLY was trading around 17.45, my order to sell two SFLY June 17.50 calls (QFYFW).  I received $308.50 …

I’ve been sitting back for a few days just watching to find my right entry point for my next trades.  I got in too early on SLFY and knew better.  My whole theory was that it would stay between 14 …

I didn’t realize how long it had been since I last charted the QQQQ until a reader asked me to chart it again.  I’m glad I did, because this is an interesting chart.  Originally I thought this week would show …

A couple of days ago I placed a limit order to sell naked (uncovered) calls on Shutterfly (SFLY).  I’ve profited on SFLY calls twice in the past few months doing the same thing and figured little has changed for it’s near …

Now that April options expiration has settled and I’ve regrouped a little, here’s a screenshot of my current holdings as of this morning, pre-market.  I’m just over half invested of where I want to be, meaning I can afford to …

While CELG was at 63.58 I sold one June 60 (LQHRL) and received $274.25 after commissions.  I put the order in pre-market as I thought CELG would fall to its 20 day moving average.  It did and the premium went higher …

I mentioned my plan yesterday for my long plans and made the trades before lunch on Monday. 

While DIS was trading at 31.44, I sold three in the money covered calls at the June 30 strike (DISFF) and received $692.75.

While VIP …

I didn’t chart an index this weekend because I went camping on my yearly camping trip with friends from college.  That also means I haven’t read Barron’s or any other internet information on market recaps or good picks for the …