Archive for: May 2011

The biggest threat I see to this bull market is a strengthening US dollar.  In some ways it’ll be good for us since a stronger dollar will drive down oil prices and slow inflation (in theory).  In more direct ways …

I mentioned on Friday that I was going to be assigned 100 shares of AFLAC Inc (AFL).  Those hit my account this morning and I waited about an hour before deciding that I should go ahead and sell the option …

I charted daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after it closed on Friday, May 20, 2011 at 12,512.04.
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Two days after I posted my plans earlier this week for my expiring options Aflac (AFL) got spanked and lost 6% after issuing poor guidance.  This morning I took an option assignment a day early on my AFL May $55 …

I’ve been slow to open new positions since the first couple of puts I sold at the beginning of May.  I was planning to let that be the beginning of my road to increased exposure, but with the tentative nature …

I charted the S&P 500 ($SPX) after it closed for the week on Friday, May 13, 2011 at 1,337.77.
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I charted daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after it closed on Friday, May 6, 2011 at 12,638.74.

The middle of the week felt like we were about to roll over …

In a comment yesterday I mentioned that I thought about selling a new naked put on UCO all day, but every time I looked at the chart for the ultra oil ETF it was down another 20 or 30 cents …

The draw of the decent premiums for somewhat measured risk drew me back to UWM again today.  Actually I was drawn in yesterday, but the order hit today.
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