Archive for: August 2014

August 25, 2014

Sold YHOO Vertical Put Spread

Filed under: Finance,Stock Picks - 25 Aug 2014

After getting the suggestion from a reader in comments section of my last post, I started looking at YHOO this morning.  The stock has a forward P/E ratio greater than 28 and has a lot of change on the horizon. …

August 21, 2014

Dropped SPY Hedge & Exchanged AAPL for DIS Puts

Filed under: Finance,Stock Picks - 21 Aug 2014

I’ve been thinking about closing my SPY October $160/180 vertical put spread for more than a week.  SPY recovered nicely from its recent decline and I didn’t feel like it was giving me the protection I wanted.  With the long …

August 15, 2014

Options Expiration – August 2014

Filed under: Account Summary,Finance,Stock Picks - 15 Aug 2014

Sideways moving markets can be great for option sellers and can be somewhat boring sometimes too.  Option sellers have the advantage of making a profit (or a reduced loss) in a sideways (or slightly down) market if the premiums were …

August 1, 2014

End of the Month Summary – July 2014

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

July ran fairly flat for me until the 31st when the S&P 500 fell 2% and the Russell 2000 and the MidCap 400 fell even more.  By the close of July’s trading my account finished lower for the month.  As …