Archive for: August 2011

August 30, 2011

Sold Options on QCOM and BA

Filed under: Finance,Stock Picks - 30 Aug 2011

After taking option assignments on a few positions at August’s option expiration I’ve stayed long with no covered calls on any of my newly acquired stocks.  That changed today.  QCOM is getting close to my purchase price and while I …

August 28, 2011

Dow Jones Chart – August 26, 2011

Filed under: Finance,Indices,Stock Charts - 28 Aug 2011

I charted daily prices for the past three months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after it closed on Friday, August 26, 2011 at 11,284.54.  I kept the chart’s range a little tighter than usual this weekend …

August 25, 2011

Cleaning House – DSX and UUP

Filed under: Finance,Stock Picks - 25 Aug 2011

I’ve been waiting for Mr. Bernanke’s speech tomorrow morning before covering a lot of the stocks and ETFs I was assigned at last week’s option expiration.  We could see a “sell on the news” (or lack of news) reaction, but …

August 21, 2011

S&P 500 Chart – August 19, 2011

Filed under: Finance,Indices,Stock Charts - 21 Aug 2011

This S&P 500 ($SPX) chart shows the past three years of weekly prices after the index finished the week at 1,123.53 on Friday, August 19, 2011.  You know you are charting am ugly market when you have to stretch the chart to …

August 19, 2011

Options Expiration – August 2011

Filed under: Account Summary,Finance,Stock Picks - 19 Aug 2011

Not that it’s a surprise to anyone, but this is not a good options expiration Friday for my account.  All of my naked puts finished in the money and all of my covered calls finished out of the money.

These are …

August 16, 2011

Sold T Naked Puts

Filed under: Finance,Stock Picks - 16 Aug 2011

I decided to go bargain shopping yesterday and didn’t think I could handle the risks of most growth stocks quite yet.  Instead I looked for an old dividend payer and came back to AT&T (T).  T is down 10% from its early …

August 14, 2011

Dow Jones Chart – Technical Analysis

Filed under: Finance,Indices,Stock Charts - 14 Aug 2011

I charted daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after it closed on Friday, August 12, 2011 at 11,269.02.  Two weeks ago when I last posted a …

August 12, 2011

Sold VXX December Naked Call

Filed under: Finance,Stock Picks - 12 Aug 2011

In the comments section of my last post I was asked about any VXX options I might be considering.  I mentioned I thought a naked call on VXX could be profitable.  Today I entered a limit order good through Monday …

August 9, 2011

Margin Call to Start My Day

Filed under: Finance,Stock Picks - 09 Aug 2011

This was almost comical.  I had not been paying attention to my TD Ameritrade (AMTD) Account with respect to margin requirements because I wasn’t expecting it to come into play yet, but also because I knew liquidating wouldn’t be a …

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