Archive for: September 2008

I’ve been selling options for years and I think it’s safe to say that this options expiration period is the most volatile option expiration period I’ve ever been a part of.  The following details show how I ended September options …

CMI traded up over $60 briefly this morning putting my naked calls in the money.  Then it fell back below $60 putting my naked puts back in the money.  When I saw it back down around $59 I debated if …

This rally that started at 1:00 yesterday has been very good for me.  I’ve cut my paper losses for the month in half in the past six trading hours.  Among the many gainers, Chesapeake Energy CP (CHK) is up into the …

I’ve been waiting for the CBOE VIX (volatility index) to spike.  Well, it spiked all the way up to 42.16 earlier today.  This took out the last high of 39 in September 2002 and was just shy of the August 1998 …

I received an sponsored post request through ReviewMe for Eminiforecaster.com.  I think this site is worth checking out.  Here’s a summary of some of the information I found on their site.

Eminiforecaster uses what is called G-Lines to predict the direction, …

As I mentioned in my previous post I had an order on CMI.  While CMI was trading at $55.50, I sold two CMI September Naked Calls (CDMIL) for $0.55 each and …

After saying in my earlier post that I wouldn’t make any trades this morning I opened my account to see I was down another $4,000 by 10:00 am.  I decided I had to save …

Marketwatch posted a good article this morning explaining the situation the Federal Reserve is in.  The first thought for many would be for the Fed to cut rates again since the economy seems to be in …

The S&P 500 ($SPX.X) started last year with a blink by dipping below its few months of an upward trend.  That dip shows on my weekly price chart for the past three years of SPX.  That blink turned into a …