Archive for: September 2011

I have the honor of hosting this week’s Carnival of Personal Financial Planning, started by The Skilled Investor.  Check out some of the blogs below and hopefully you’ll you can learn something.

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Best Personal Financial Planning and Personal Investment …

My DSX position was turning into a waste of capital for a little while, but I finally broke from my “wait and see” attitude and sold covered calls.  I only have a little over $3,000 invested in DSX (after deducting …

For a few days the market looked destined to test its August lows, if not break below those low points.  That suddenly changed this week based on news that Europe might be getting a plan together that could solidify their …

This S&P 500 ($SPX) chart shows the past six months of daily prices after the index finished the week at 1,136.43 on Friday, September 23, 2011….

Yesterday I mentioned that I didn’t think we’d get a bounce today.  However, I didn’t expect such a massive sell off.  If I dreamed it was going to be like this I would’ve made today’s trades a lot earlier.

I started …

I held onto my EEM position far longer than I should’ve, but wanted to keep some international exposure.  I got over that this afternoon when its melt lower turned into nose dive.  In late December 2010 and again in late …

The good news I finally opened a short position on Netflix (NFLX).  The bad news is I’ve been considering this trade for a long time.  Ever since NFLX changed their pricing plan and pissed off almost all of their subscribers …

September is a fairly light month for me on the options expiration front.  I only have three options expiring – two puts and one covered call.

SSO – September $45 Naked Put – I sold this put in late January when …

It’s not time to panic yet, but I thought it wise to take some future profits in early and sold covered calls to do it.  That’s how I see covered calls – they are basically an advance on future profits …