I’ve been watching UWM as the Russell 2000 index worked through its decline. Before today, I had two UWM October $75 puts and two UWM October $73 puts. I sold these puts when the strikes were far out-of-the-money in June and July respectfully. Yesterday, the $75 strike puts moved in-the-money and today the $73 strike…
Month: October 2014
Option Trades on TLT and YHOO
After I wrote my month end summary this morning, I thought I was finished writing for the day. Then, over a span of nine seconds, two of my limit orders hit when stocks were near their lows of the day. I forgot that I entered my YHOO order as a “Good-til-Canceled” limit order, but that…
End of the Month Summary – September 2014
My account did fine for most of September, but the last week knocked me lower for the month. The S&P 500 and the NASDAQ Composite are still ahead of me for the year-to-date, but I’m ahead of the other major indexes with room to spare. If it were not for my MDY and UWM positions’…