Archive for: April 2012

April 29, 2012

Dow Jones Chart – Now It Gets Tricky

Filed under: Finance,Indices,Stock Charts - 29 Apr 2012

I charted the past three months of daily prices for the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after the index closed at 13,228.39 on Friday, April 27, 2012….

April 26, 2012

ETF of the Day – IWM

Filed under: Finance - 26 Apr 2012

Yesterday I mentioned that I’d probably add more exposure today with an index or sector ETF.  After much debate and waiting far too long, I went with a naked put on the Russell 200 index ETF, IWM.  I was really …

April 25, 2012

Added Another QCOM Naked Put

Filed under: Finance - 25 Apr 2012

My original QCOM May $67.50 naked put fell deep in the money as the stock’s price dipped down to $61.27 yesterday intraday.  Along the way in its recent decline I haven’t thought about closing out my option early.  I’m still …

April 22, 2012

S&P 500 Chart – Which Way Do We Go?

Filed under: Finance - 22 Apr 2012

This S&P 500 ($SPX) chart shows the past six months of daily prices after the index finished the week at 1,378.53  on Friday April 20, 2012.

April 20, 2012

Options Expiration – April 2012

Filed under: Finance,Stock Picks - 20 Apr 2012

I only have two options set to expire today, one covered call and one naked put.  Both of them are for small cap ETFs and both are finishing in the money.

One UWM April $35 covered call – I sold this covered …

April 18, 2012

Sold Far OTM Naked Puts on UWM

Filed under: Finance,Stock Picks - 18 Apr 2012

Last year I had a plan to use LEAPS and other not-quite-so-long dated options to build the foundation of my investing year.  It was great in theory, but I got anxious when I started lagging returns in the first few …

April 17, 2012

Sold Naked Puts on UCO and SPY

Filed under: Finance,Stock Picks - 17 Apr 2012

Close to the end of yesterday’s trading session I started to think it was time for me to leg back in on a few trades.  After all, I was only looking for a 5% dip and the SPX made it …

April 15, 2012

DJIA Chart – Friday the 13th – April 2012

Filed under: Finance,Indices,Stock Charts - 15 Apr 2012

I charted the past three months of daily prices for the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after the index closed at 12,849.59 on Friday, April 13, 2012….

April 9, 2012

Removed Some Exposure

Filed under: Finance - 09 Apr 2012

I was ready to back off some market exposure after the markets were teetering last week on various technical indicators.  The jobs report was enough for me to want to take some profits early.  I’m not saying that the single …

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