Archive for: December 2011

December 30, 2011

Options Expiration – December 30, 2011

Filed under: Finance,Stock Picks - 30 Dec 2011

I only had one option expire today (DIA, December 30, $121 strike) and it expired out of the money, worthless.  Just as I expected, DIA rose some, but not enough that I should’ve bought the shares instead of selling the naked …

December 27, 2011

Dow Jones Chart – December 23, 2011

Filed under: Finance,Indices,Stock Charts - 27 Dec 2011

I charted the Dow Jones Industrial Average ($INDU, $DJI, DJIA), after the markets closed on Friday, December 23, 2011, after the Dow closed for the week at 12,294.00….

December 21, 2011

Sold UWM Covered Call for April

Filed under: Finance,Stock Picks - 21 Dec 2011

I expected to come in with at least a few trades to kick the week off on Monday and Tuesday, but stayed patient in this account and watched the fluctuations.  The two first trades I thought I was going to …

December 18, 2011

S&P 500 Chart – Mixed Technical Indicators

Filed under: Finance,Indices,Stock Charts - 18 Dec 2011

This S&P 500 ($SPX) chart shows the past twelve months of weekly prices after the index finished the week at 1,219.66 on Friday, December 16, 2011.

December 16, 2011

Options Expiration – December 2011

Filed under: Finance,Stock Picks - 16 Dec 2011

Every single one of my options closed with a profit this month.  I’ve been overdue for a month like this, but it’s not a perfect ending since two of them finish a penny or two in the money and I …

December 15, 2011

Sold New TBT January Naked Puts

Filed under: Finance,Stock Picks - 15 Dec 2011

When I saw bonds spiking yesterday I knew I was about to get another opportunity to work a trade on TBT again.  I didn’t trade this yesterday because I thought I’d get an even better chance today.  Instead bonds cooled …

December 13, 2011

Sold CSX and JPM Covered Calls

Filed under: Finance - 13 Dec 2011

Both of these trades would’ve been better a few days ago when I first started planning them, but hopefully it’s better late than never.  I started with CSX this morning.  I have 100 shares long and one covered call expiring …

December 11, 2011

Dow Jones Chart – December 9, 2011

Filed under: Finance,Indices,Stock Charts - 11 Dec 2011

I charted the Dow Jones Industrial Average ($INDU, $DJI, DJIA), after the markets closed on Friday, December 12, 2011, after the Dow closed for the week at 12,184.26….

December 5, 2011

Closed VXX Naked Call

Filed under: Finance,Stock Picks - 05 Dec 2011

I was planning to ride my VXX naked call all of the way to expiration and then sell covered puts on it for as long as I could ride it.  Once I saw $SPX hit resistance around its 200 day …

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