I live and vote in Fulton County, Georgia and got up early to vote this morning. My wife and I took our 4 1/2 year old son to the polls for his second presidential election. It went very smoothly. We got there at 6:30 and waited in line for 30 minutes before they opened. The…
Month: November 2008
Covered DRYS Naked Calls
I’m slammed at work today (and probably the rest of the week) so this will be short. DRYS beat earnings and the shares which started to run up last week ran further. I already owned 200 shares, but sold four new calls not far enough out of the money. This morning, instead of buying the…
S&P 500 Chart – October 31, 2008
I charted the past three months for the S&P 500 ($SPX.X) today. In the November 3, 2008 Barron’s Kopin Tan mentioned that the peaks were getting lower on each bounce and that 985 and 845 could be the new trading range to follow. Any break to either side could spell the direction to chase for the following…
Month End Summary – October 2008
This was a horrid month for my account, again. I’m down a little more than last month and that means it was a bigger percentage loss for me in October too. I’m sitting on huge paper losses as, just like in September, I had a lot of options expire for a profit and have not sold the underlying…