Comments on: Sold Covered Calls on MON, TDW and JOYG http://mytradersjournal.com/stock-options/2008/12/29/sold-covered-calls-on-mon-tdw-and-joyg/ Investing in Stocks Through Options Fri, 27 Jan 2012 21:33:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: brooks http://mytradersjournal.com/stock-options/2008/12/29/sold-covered-calls-on-mon-tdw-and-joyg/#comment-5484 brooks Wed, 31 Dec 2008 11:22:33 +0000 http://mytradersjournal.com/stock-options/?p=1512#comment-5484 Really tough times for all the investors whilst the recession taking its toll. Really tough times for all the investors whilst the recession taking its toll.

]]> By: Alex Fotopoulos http://mytradersjournal.com/stock-options/2008/12/29/sold-covered-calls-on-mon-tdw-and-joyg/#comment-5479 Alex Fotopoulos Tue, 30 Dec 2008 22:49:44 +0000 http://mytradersjournal.com/stock-options/?p=1512#comment-5479 Thanks for the ideas TradingScared. I'll take a look and add them to my list to update for a longer post. Thanks for the ideas TradingScared. I’ll take a look and add them to my list to update for a longer post.

]]> By: Trading Scared http://mytradersjournal.com/stock-options/2008/12/29/sold-covered-calls-on-mon-tdw-and-joyg/#comment-5478 Trading Scared Tue, 30 Dec 2008 14:23:54 +0000 http://mytradersjournal.com/stock-options/?p=1512#comment-5478 I enjoy reading your blog as your style is very similar to mine. Good luck in '09. You said you looking for some naked puts. Just want to throw you some of my ideas. GIS, JNJ, LLY, T, VZ. I don't own verizon right now, waiting for a pullback. I like these stocks because they seem to have a floor. good dividends and low beta. I can sleep at night with naked puts on them. I did sell some puts on higher risk stocks with ,of course, higher volatility. Those are FSYS, FSYS, APOL. My favorite out of those three is FSLR. It seems to have a great support at 100, and it is one of few solar stocks that actually makes money. Naked puts below that level seem safe. in my opinion. Plus pays great premiums. APOL is my second fav. and as far as FSYS, all I can say is great premiums. I feel comfortable with selling puts on that one way out of the money. Because this is the one where I feel I can wake up and the bottom drops out. ATR=3.4 with the stock at 33.35, this thing moves in 10% swings from top to bottom. I currently sold puts on the Jan 30 and Jan 17.5. Jan 30 makes me nevous, may buy back before expiration. Anyway check out those picks and tell me what you think. Also check out my blog at WWW.TRADINGSCARED.COM. Good Luck I enjoy reading your blog as your style is very similar to mine. Good luck in ’09. You said you looking for some naked puts. Just want to throw you some of my ideas. GIS, JNJ, LLY, T, VZ. I don’t own verizon right now, waiting for a pullback. I like these stocks because they seem to have a floor. good dividends and low beta. I can sleep at night with naked puts on them.

I did sell some puts on higher risk stocks with ,of course, higher volatility. Those are FSYS, FSYS, APOL. My favorite out of those three is FSLR. It seems to have a great support at 100, and it is one of few solar stocks that actually makes money. Naked puts below that level seem safe. in my opinion. Plus pays great premiums. APOL is my second fav. and as far as FSYS, all I can say is great premiums. I feel comfortable with selling puts on that one way out of the money. Because this is the one where I feel I can wake up and the bottom drops out. ATR=3.4 with the stock at 33.35, this thing moves in 10% swings from top to bottom.
I currently sold puts on the Jan 30 and Jan 17.5. Jan 30 makes me nevous, may buy back before expiration.

Anyway check out those picks and tell me what you think. Also check out my blog at http://WWW.TRADINGSCARED.COM.

Good Luck

]]> By: Alex Fotopoulos http://mytradersjournal.com/stock-options/2008/12/29/sold-covered-calls-on-mon-tdw-and-joyg/#comment-5474 Alex Fotopoulos Tue, 30 Dec 2008 01:23:19 +0000 http://mytradersjournal.com/stock-options/?p=1512#comment-5474 No, I don't think it was a cause and effect issue. I was being too vague, but meant that the market and my poor choices did more to bring me down. I traded front month options more because I could still get good returns, but I think the VIX will continue to relax some and I'll have to move farther out to get the premiums I like. I was also thinking I need to trade less and spend more time working in my commission based real job. No, I don’t think it was a cause and effect issue. I was being too vague, but meant that the market and my poor choices did more to bring me down. I traded front month options more because I could still get good returns, but I think the VIX will continue to relax some and I’ll have to move farther out to get the premiums I like. I was also thinking I need to trade less and spend more time working in my commission based real job.

]]> By: Premium Collector http://mytradersjournal.com/stock-options/2008/12/29/sold-covered-calls-on-mon-tdw-and-joyg/#comment-5473 Premium Collector Tue, 30 Dec 2008 00:59:16 +0000 http://mytradersjournal.com/stock-options/?p=1512#comment-5473 "I’m trying to move back to that time when I traded less and made more." Are you saying that you made more not trading the nearest month options? If so, is that because of commissions or something else? Good luck with your trades and in '09. “I’m trying to move back to that time when I traded less and made more.” Are you saying that you made more not trading the nearest month options? If so, is that because of commissions or something else? Good luck with your trades and in ’09.

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