Archive for: April 2014

April 23, 2014

Closed UCO July Naked Puts

Filed under: Finance,Stock Picks - 23 Apr 2014

Oil prices have been rising for the past month, but started to look shaky this week with as UCO fell below its 10-day moving average.  Actually, oil is still in its upward trend that started in three months ago, but …

April 21, 2014

Sold New DIS Naked Put

Filed under: Finance,Stock Picks - 21 Apr 2014

When I find a stock I like, I tend to stick with it for as long as it seems like it’s working.  Disney (DIS) seems to be one of my favorite flavors still.  It got a little ahead of itself …

April 17, 2014

Options Expiration – April 2014

Filed under: Account Summary,Finance,Stock Picks - 17 Apr 2014

A couple of weeks ago, I talked about closing my only April option contracts that made it to expiration, but I decided to let it play out.  Today, that decision proved to be wise.  My two UWM April $72 puts …

April 5, 2014

S&P 500 Index Chart – Timing is Everything

Filed under: Finance,Indices,Stock Charts - 05 Apr 2014

The chart below shows the daily prices for the past six months on the S&P 500 index (SPX) after the index closed at 1,865.09 on Friday, April 4, 2014.

Traders will be watching to see if the trend line of higher …

April 3, 2014

Option Trades on SPY & UWM

Filed under: Finance,Stock Picks - 03 Apr 2014

I wrote recently that I had a limit order in place to close my far out-of-the-money UWM April $72 puts.  Well, the order expired before I found a taker on the other side of the trade.  By then, I decided …

April 1, 2014

End of Month Summary – March 2014

Filed under: Account Summary,Finance,Indices - 01 Apr 2014

March flew by me before I even realized that I only made three trades for the month.  Actually, I traded three different contracts, but only made two trades since I closed and opened Ford puts in a calendar spread.  XLF …