Archive for: February 2011

I charted the S&P 500 ($SPX) on Friday, February 25, 2011 after it closed for the week at 1,319.88.
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Once again Itron, Inc. (ITRI) has called my name and I’ve answered.  I mentioned yesterday that I was thinking about making this trade and today I put those thoughts into action.  While ITRI was trading at $56.95 I sold one …

This week is still enjoyable to me.  With the markets falling I’m finding some buying opportunities or more accurately, option selling opportunities.  This morning’s choice was AFLAC, Inc (AFL) again.  After I closed my December AFL naked puts for a …

I’ll admit I was kind of happy to see the futures down this morning when I turned on CNBC.  I knew that meant I could get into some positions at better option prices than if I had sold the options …

I charted daily prices for the past year on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after it closed on Friday, February 18, 2011 at 12,391.25.
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Today ended up being an easy options expiration for my taxable portfolio.  I only had three separate options expire today on VXX, VNQ and BA.  This is how they each played out along with my next steps:

One VXX February 22 …

I’ve been pushing most of my new option contracts out until January 2012 using a longer term strategy over the past few months, but decided I needed some more contracts expiring sooner too.  Yesterday I sold a CSX March put …

CSX is one of the stocks I’ve worked with a few times in the past year and I got drawn back to it again today.  I might be a little early on pulling the trigger (actually I’m quite late in …

I charted the S&P 500 on Friday, February 11, 2011 after it closed for the week at 1,329.15.
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