Archive for: October 2015

October 16, 2015

Current Positions – October 16, 2015

Filed under: Account Summary,Finance - 16 Oct 2015

I didn’t have any options remaining for October by the time today’s expiration rolled around, so I’m taking the opportunity to give an update on my current positions.

My account value is up to $112,278.78.  I have $26,990.78 in cash, which …

October 8, 2015

Rolled TLT Naked Calls Out and Up

Filed under: Finance,Stock Picks - 08 Oct 2015

As I mentioned the other day, I reached my limit for selling naked calls on TLT.  So, I had to close some of my current short calls to open up margin.  While TLT was trading at $122.54, I bought to …

October 6, 2015

Sold SPY & MDY December Covered Calls

Filed under: Finance,Stock Picks - 06 Oct 2015

I’ve enjoyed the rally over the past week and the fact that my account balance is back to within about 2% of my highs of the year.  Since we’ve just had a strong multi-day bounce off the recent lows, I figured that …

October 4, 2015

SPY – 3 Month Chart – Monday is Key

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

The chart below shows the daily prices for the past three months on SPY, an S&P 500 Index ETF, after closing the week at $195.00 on October 2, 2015.

For some traders, the tantrum seemed over.  SPY had finally had its long-overdue correction with a 14.7% …

October 1, 2015

End of the Month Summary – September 2015

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

September pushed my account value lower, but I’m still leading the indexes for the year-to-date by a wide margin.  I took profits on my hedges in September and left money on the table since I didn’t sell my puts at the …