Archive for: July 2014

July 22, 2014

More UWM Naked Puts

Filed under: Finance,Stock Picks - 22 Jul 2014

When six of my UWM July puts expired (four short, two long) last week, I mentioned my attempt to sell some August $75 naked puts.  The order didn’t hit and I didn’t go after it again during yesterday’s dip.  Maybe …

July 18, 2014

Options Expiration – July 2014

Filed under: Account Summary,Finance,Stock Picks - 18 Jul 2014

I’ve been using a steady plan of dumping far out-0f-the-money (OTM) naked puts once they got cheap enough and was planning to stick to that with my July UWM positions.  Instead, UWM moved so much higher so quickly, that I …

July 16, 2014

Dumped FB for AAPL Naked Puts

Filed under: Finance,Stock Picks - 16 Jul 2014

It has been more than a year since I made a trade on Apple (AAPL) and that changed today.  I was excited when AAPL shares split 7-for-1 early last month because I knew I’d be able to get back in …

July 15, 2014

Sold September XLF Naked Puts

Filed under: Finance,Stock Picks - 15 Jul 2014

Not quite a month ago, I closed my XLF June $23 naked puts while XLF was trading at $22.83.  It was the right trade to make because XLF retreated to $22.47 as recently as late last week.  However, the Financial …

July 6, 2014

S&P 500 Index Chart – 2 1/2 Year, Weekly View

Filed under: Finance,Indices,Stock Charts - 06 Jul 2014

The chart below shows the weekly prices for the past two and a half years on the S&P 500 index ($SPX) after the index closed the week at 1,985.44 on July 3, 2014….

July 1, 2014

End of the Month Summary – June 2014

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

June was another good month for my account as I added to my year-to-date gains and got back above an average of 1.0% per month.  I’ve fallen off my trading over the past couple of weeks due to my mother-in-law’s …