Archive for: March 2013

I charted the daily prices for the past three months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 14,578.54 on Thursday, March 28, 2013.

The green area shows the current trading …

This Russell 2000 ($RUT) chart shows the past 6 months of daily prices after the index finished the week at 946.27 on Friday, March 22, 2013….

So much for patience.  My plan to wait on selling covered calls on UCO didn’t last more than a few trading hours.  At least I’m glad I waited overnight, because UCO moved more than 1.7% higher this morning from yesterday’s …

I placed a limit order (Good-Til-Cancelled) two weeks ago that finally started to hit today.  The bid/ask for my six UCO April $35 calls was $0.05/0.15 at the time, with the last trade at $0.05.  I figured I could rewrite …

I charted the daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 14,514.11 on Friday, March 15, 2013.

The second indicator that is the distance the Dow Jones …

This has to be one of the most boring quarterly options expiration days that I can remember.  The market didn’t know what to do with itself after such a long rally and didn’t do much.  The morning trade looked like …

I’m a few days early for spring-cleaning, but my trades today kind of felt that way.  I had a few positions that just needed to be dumped.  They weren’t doing much for me and I saw no reason to keep …

I charted the monthly prices for the past six months on the S&P 500 index ($SPX) after the index closed at 1,551.18 on Friday, March 8, 2013….

I’ve been eyeing puts on AAPL again for the past few days.  If I had stuck with my strategy from last year and kept repeating it, I would have made up for my losses.  Instead, I backed off and waited …