Archive for: August 2008
August 31, 2008
I charted the NASDAQ NMS Composite Index ($COMP) for the past year’s daily price action ending August 29th, 2008. At a glance this chart could look like it’s leaning bullish, but when you zero in on some details that bull might …
Comments Off
August 30, 2008
Wiley Publishing sent me a copy of Profit from the Peak a couple of months ago and I finally finished reading it while on vacation a couple of weeks ago. …
August 27, 2008
It took a month since I first said it, but natural gas and oil are up nicely recently on hurricanes Fay and Gustav. I can’t remember a summer/fall season where there wasn’t a scare that pushed …
August 25, 2008
I haven’t had a real motivation to invest much lately. This hits me occasionally. Sometimes I try to force myself through it. That typically ends in some bad trades and stupid losses. This time I’ve had enough on the table …
August 24, 2008
My Sunday series of index charts continues today with the S&P 500 ($SPX). This time I took a shorter view and only went back three months to see a daily view of the price changes. The SPX is getting …
Comments Off
August 20, 2008
I’m on a roll with selling strangles lately. I’ve sold one on CHK, TDW and today I did the same on AA. None of these is a pure strangle since I’m long the stock too, but that’s probably the best …
Comments Off
August 19, 2008
After buying back my Monsanto (MON) naked put on Friday, I spent some time trying to pick my strike for a new naked put. I decided to keep my risk lower although it …
Comments Off
August 18, 2008
After my 100 shares of Tidewater (TDW) closed below my covered call stike on Friday I decided to sell new covered calls while at the same time selling new naked puts at a lower strike. While TDW was trading at $55.68 I sold one …
Comments Off
This is how my August options closed on Friday along with my plans for these same equities moving forward.
AAPL closed at $175.74 leaving my August 155 naked puts out of the money (OTM) and giving me a full profit. I plan to write …
Next Page »
|