Archive for: April 2008

Kadena is probably one of the readers who has been around My Trader’s Journal longest.  He’s in the US military stationed in Asia and trades while he could be sleeping.  He comments often and we exchange emails more often.  I received this …

I’m starting to do this type of trade more often.  The day after earnings are released, when earnings news specific to the underlying equity shouldn’t offer a surprise before my option expires, I like to sell naked puts. That’s what I …

I’m short four AMAT naked puts and it’s been falling since soon after I got in.  This morning, shortly after opening, while AMAT was trading at 18.90 I sold four uncovered May 20 calls (ANQED) and received $207.00 after commissions. 

I like …

I’m charting the Russell 2000 for the first time on My Trader’s Journal to add some more variety to my charts. I haven’t traded much the past 1-2 weeks for precisely the reason that shows in this chart.  I saw …

Possibly just out of boredom, I pulled the trigger too early on DuPont this morning.  The chart said it could fall to 48 and maybe even as low as 46 before regaining support, but I admittedly got anxious and put …

One year ago today I wrote my first blog post.  I started off with $43k and now have $83k.  All of that, minus the 4.21% loss I’ve had over the past 366 …

I’m charting the S&P 500 SPDR (SPY) this weekend.  Like the rest of the large “spiders” it’s still in a trading range that started in January.  For the past four days it touched top side of the relatively short upward …

NVDA broke support yesterday.  The 10 day moving average had been shaping up as a key line of support, but NVDA fell below that line intraday yesterday and then rallied to close above it.  Today it didn’t even make a worthwhile …

I sold four AMAT May 20 naked puts (ANQQD) today while AMAT was trading at 21.00.  I received $307.00 after commissions.

AMAT found support earlier this week at the 50 day moving average and has since moved back above its 10 …