In my update yesterday, I said I was considering buying shares of SPY and placing a trailing stop limit to exit on a dip. After thinking of that plan a little longer, I decided that didn’t make a lot of sense because I don’t expect any drop in prices to be more than a few…
Month: November 2013
Taking Profits: SSO & QCOM
It’s getting harder and harder for me to find trades I want to make. The best trades I saw today were to close a couple of my aging options that had little value left in them. I’ll try to add in more exposure soon, but don’t want to buy something just for the sake of…
Options Expiration – November 2013
I forgot to get a post up on Friday for options expiration. Thanks to the rising prices in equities, I had already rolled all of my November options for a profit before Friday. I would’ve made more money by leaving those November options in place to squeeze out the extra few dollars of time value…
Sold FEZ February Naked Puts
I entered a limit order on FEZ naked puts two days ago in the hopes FEZ would take one more step lower before recovering. FEZ started to climb soon after I entered the order and I thought my chances weren’t great of getting the trade. I opted not to chase the trade, but remained patient…
Rolled DIS Puts – Out and Up
I think I’m going to have to change the way I blog. This thought process has been building for a couple of months and today I figured I’d mention it. Since I started this blog, I’ve blogged my trades on the day I make the trade to prove I wasn’t making up trades that looked…
End of Month Summary – October 2013
October was another good month for me. It wasn’t great, but I did well and reached my second goal of hitting $120,000 before the end of the year. As recently as mid-day yesterday, my account balance was still over $120,000. However, the few point drop in the final minutes of trading yesterday brought my balance…