Archive for: February 2014

February 24, 2014

Closed DIS & SSO Naked Puts

Filed under: Finance,Stock Picks - 24 Feb 2014

I’d be a happy man if this year could continue acting the way it has started the year so far.  My account is up and the market is essentially flat.  If we don’t see a good correction, we need an …

February 21, 2014

Options Expiration – February 2014

Filed under: Beginners,Finance,Stock Picks - 21 Feb 2014

Once again, I had a thin day for closing positions on option expiration day.  The only option I had remaining coming into today was one SPY February $185 naked put.  It was in-the-money by $0.90 after yesterday’s close and started …

February 20, 2014

Sold UWM July $70 Naked Puts

Filed under: Finance,Stock Picks - 20 Feb 2014

Starting early yesterday morning, my whole day fell into disarray.  My uncle (who has dementia) had a small stroke and his assisted living home needed me to take him to the hospital.  My parents usually take care of him, but …

February 12, 2014

Swapped MDY for FEZ

Filed under: Finance,Stock Picks - 12 Feb 2014

These trades were not an even swap and were not intended to be.  I’ve written a couple of times recently about my plans to close my two FEZ February $40 puts.  I had a chance to close them for $0.25 …

February 10, 2014

Newspaper Article About Me

Filed under: Media,Reading - 10 Feb 2014

I thought some of you would enjoy seeing this article in the Canadian newspaper, The Globe and Mail.  It’s from a very short interview the author did with me a few weeks ago (and includes a picture of me).  He …

February 3, 2014

End of Month Summary – January 2014

Filed under: Account Summary,Finance,Indices - 03 Feb 2014

One of the best lessons a trader can learn is to be consistent with a plan, most of the time.  No plan works in every market environment, but abandoning a plan and not returning to it when conditions improve can …