Archive for: August 2008

I charted the DJIA (previously $INDU) again today.  I was actually surprised to see the chart show it looks like we have some bullish room to run still.  The latest trading channel shows the DJIA is near its trend line …

I bought 100 shares of USO (an oil ETF) at $99.00 and sold a September 98 covered call for $6.80 in my IRA a little more than two weeks ago.   I’ve watched the price of oil fall fairly steadily since then.  Around the …

Monsanto (MON) has dropped more than $30 in the past two months.  I targeted $115 as a bottom and sold a naked put at the August 115 strike that expires today.  MON fell as low as $103.50 a week ago …

Vimpel Communications (VIP ) has been down for a while and I’ve actually been surprised that my latest naked puts had not been assigned earlier.  This morning my two VIP August 30 naked puts options (VIQTF) were assigned and I bought 200 shares …

I mentioned my plans for Chesapeake Energy Corp (CHK) in my post yesterday and today I acted on it.  While CHK was trading at $45.16 I sold two CHK September 50 covered calls (CHKIJ) and received $318.50 after commissions.

I saw CHK was …

I was able to check the market yesterday before we walked down to the beach and again after closing.  I had a couple of trades while away for two days.  The first was a limit order I entered a few …

I charted USO this morning to get an idea of where the price of oil might find support.  Don’t get too excited when you see these numbers, USO and the price of oil are not equal and do not move …

I was way overdue for an update on my Current Portfolio page before today.  I just updated my my list of stocks broken down by sector and then noted deeper by industry.  This is …

Chesapeake Energy Corp (CHK) is taking a beating today as energy stocks are getting hit across the board.  Last week I mentioned that I had a limit order to sell more naked puts on it in addition to the two CHK …