Archive for: April 2015

April 23, 2015

SPY Option Combination

Filed under: Finance,Stock Picks - 23 Apr 2015

The S&P 500 has pushed to new highs and once again brushed off its recent minor slump.  After April’s option expiration, I was left under-invested and needed to get some more skin in the game.  My account balance has still …

April 17, 2015

Options Expiration – April 2015

Filed under: Account Summary,Finance,Stock Picks - 17 Apr 2015

After a few days of thinning my holdings this week, I came into options expiration day with only one April option position remaining.  My three TLT April $134 calls will expire worthless, about $2.60 out of the money.  This trade …

April 16, 2015

Roll TLT Covered Puts to May

Filed under: Finance,Stock Picks - 16 Apr 2015

A couple of days ago, I mentioned my plan to stay patient and wait for my new trade on TLT.  Yesterday, TLT started to improve for me and today I pulled the trigger.  While TLT was trading at $129.88, I …

April 15, 2015

Closed XOM and SSO Puts

Filed under: Finance,Stock Picks - 15 Apr 2015

I closed out two sets of April options this morning with limit orders as the market moved higher.  My XOM April $85/90 put spread was down more than $250 not long ago, but I let it run in case oil …

April 14, 2015

Rolled DIS and IWM Naked Puts

Filed under: Finance,Stock Picks - 14 Apr 2015

We spent most of last week in New York (Manhattan) for spring break.  It felt good to get back at my desk and find some normalcy in my daily routine yesterday.  I made it back to my account this morning …

April 4, 2015

SPY – 1 Year, Daily Chart

Filed under: Finance,Indices,Stock Charts - 04 Apr 2015

The chart below shows the daily prices for the past year on SPY, an S&P 500 Index ETF, after the ETF closed the week at $206.44 on April 2, 2015.

A horizontal trend line has emerged close to $204 that has acted as both …

April 1, 2015

End of the Month Summary – March 2015

Filed under: Account Summary,Finance,Indices - 01 Apr 2015

March was an up and down month for my account, but I still had less volatility than the major indexes and finished up for the month while most indexes lost ground.  I started to hedge late in the month and …