Sold CVS Vertical Put Spread
Kopin Tan wrote a bullish few paragraphs in today’s edition of Barron’s about CVS Caremark Corp (NYSE: CVS). One of his points for calling CVS a buy is the historically low P/E ratio it has right …
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Archive for: June 2009June 15, 2009 Sold CVS Vertical Put SpreadKopin Tan wrote a bullish few paragraphs in today’s edition of Barron’s about CVS Caremark Corp (NYSE: CVS). One of his points for calling CVS a buy is the historically low P/E ratio it has right …
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June 14, 2009 2 Dow Jones Industrial Average Charts – June 12, 2009I’m posting two DJIA ($DJI) charts this weekend after the Dow closed at 8,799.26 on Friday. The top one is a look at the past 11 trading days. I typically chart using OHLC charts that show the highs and lows … June 12, 2009 Sold Allstate (ALL) Naked PutsI haven’t paid attention to Allstate (NYSE: ALL) much until this week when I read a bullish article in Barron’s June 8th edition and then on Motley Fool after that. I started the … June 10, 2009 Rolled SLB June 55 Naked Put HigherI’ve been torn on how to continue managing my Schlumberger Ltd (NYSE: SLB) position. I’ve been wrong for the past week or two on how fast oil was going to recover. As oil continued to climb this morning, SLB tagged … June 6, 2009 Russell 2000 Chart ($RUT) June 5, 2009I’ve been trying to pick an ETF to possibly enter the market with since I haven’t picked a new stock to run with and was watching IWM, a Russell 2000 ETF and saw the chart looked interesting. That brought me back to the Russell …
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June 5, 2009 Current Portfolio – June 5, 2009I saw the morning news of new jobless claims that came out lower than expected and turned into a big bull for about an hour and 10 minutes this morning. That was enough time to consider changing my position on … June 1, 2009 Added Leg to SLB Option PositionA month ago when I sold a strangle on Schlumberger Ltd (SLB) and took a net credit of $646.98 I thought I’d be safe on both sides through June option expiration, but then the rally hit and all of the … May 2009 – Month End SummaryI had another good month in May and continue to claw my way back up from my lows last year. I ended May with a balance of $74,238.76 according to TD Ameritrade and $74,528.50 according to Quicken. I’m still not fully invested, …
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