Archive for: May 2012

May 28, 2012

Dow Jones Chart – May 25, 2012

Filed under: Finance,Indices,Stock Charts - 28 May 2012

I charted the past one month of daily prices for the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 12,454.83 on Friday, May 25, 2012….

May 24, 2012

Sold Third QCOM Naked Put

Filed under: Finance,Stock Charts,Stock Picks - 24 May 2012

As mentioned earlier, I was assigned 100 shares of QCOM at $67.50 from my first naked put.  I have another QCOM $62.50 naked put set to expire in June and expect it will be assigned based on the current price …

May 20, 2012

SPX Chart – Oversold?

Filed under: Finance,Indices,Stock Charts - 20 May 2012

This S&P 500 ($SPX) chart shows the past year of daily prices after the index finished the week at 1,295.22  on Friday, May 18, 2012..

May 18, 2012

Options Expiration – May 2012

Filed under: Finance - 18 May 2012

To say this wasn’t a good options expiration for my account would be a bit of an understatement.  I have four puts that expired today on DIA, SPY, IWM and QCOM.  All finished in the money and not by just …

May 17, 2012

Bought TBT Put Spread

Filed under: Finance,Stock Picks - 17 May 2012

Bonds are getting interesting these days.  The fears out of Europe are driving yields lower on this side of the ocean, which finance 101 tells us bond prices are rising.  TLT is close to its all time closing high.  I …

May 15, 2012

Closed EEM Iron Condor

Filed under: Finance,Stock Picks - 15 May 2012

Nine days ago I sold an EEM Iron Condor too close to the money and today I opted to buy it back and cut my losses.   I closed the position for $0.27 after opening …

May 13, 2012

DJIA Chart – Trading Channel or Not?

Filed under: Finance,Indices,Stock Charts - 13 May 2012

I charted the past six months of daily prices for the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 12,820.60 on Friday, May 11, 2012….

May 10, 2012

Rolled Out MDY Naked Put

Filed under: Finance,Stock Picks - 10 May 2012

I had an MDY May put that was coming up to its expiration date next Friday.  When I sold the May put, MDY was trading at $180.81.  This afternoon, while MDY was trading at $176.25 …

May 9, 2012

Sold DIA Vertical Put Spread for June

Filed under: Finance,Stock Picks - 09 May 2012

I’ve been thinking about selling an option spread on DIA (Dow Jones Industrial ETF) since I made my EEM trade last Friday.  When I saw the Dow trail off this morning and then find support I went back in with …

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