Archive for: August 2012

August 31, 2012

It’s Official!

Filed under: Life's Expenses - 31 Aug 2012

For years, I’ve wished I could dedicate my time to investing.  As of the close of business yesterday, I’m in that position.  My contract at AT&T ended after three years and so did my w-2 income.  For the first time …

August 28, 2012

Sold AXP Iron Condor

Filed under: Finance - 28 Aug 2012

In my search for new trades to make, I started working my way through the Dow 30 to find some stocks that might be more stable than others or at least might be in the middle of their wide trading …

August 26, 2012

Dow Jones Chart – Slipping

Filed under: Finance,Indices,Stock Charts - 26 Aug 2012

I charted the past three months of daily prices for the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 13,157.97 on Friday, August 24, 2012….

August 24, 2012

IWM – Credit Call Spread

Filed under: Finance,Stock Picks - 24 Aug 2012

Yesterday, I mentioned that I was thinking of rolling some covered calls lower since I don’t see big bullish days ahead of us.  This morning started off lower, just as I thought it would, but then it reversed course.  Instead …

August 23, 2012

Sold QCOM Covered Calls

Filed under: Finance,Stock Picks - 23 Aug 2012

I’ve hesitated to sell calls on QCOM since I was assigned my first naked put in this series of trades.  Instead, I’ve sold new puts at lower strikes.  I started with $67.50 and then added a $62.50.  Both of those …

August 21, 2012

Sold FDX Put Spread + a Long Put

Filed under: Finance,Stock Picks - 21 Aug 2012

Last night I attended the Atlanta Options Club monthly meeting after being invited by a local My Trader’s Journal reader.  This particular meeting’s guest speaker was Dan Sheridan from Sheridan Mentoring.  This was my first actual …

August 19, 2012

S&P 500 Chart – August 17, 2012

Filed under: Finance,Indices,Stock Charts - 19 Aug 2012

This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,418.16 on Friday, August 17, 2012.

August 17, 2012

Options Expiration – August 2012

Filed under: Account Summary,Finance - 17 Aug 2012

The only options I had left to expire today was a pair of DIA puts that I had in an August $112/115 put spread.  With DIA trading above $132, this spread has been safe …

August 11, 2012

DJIA Chart – Near a Top?

Filed under: Finance - 11 Aug 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 13,207.95 on Friday, August 10, 2012….

Next Page »