Archive for: December 2016

December 27, 2016

End of Year Clean Up

Filed under: Finance,Stock Picks - 27 Dec 2016

I used today as a house cleaning day. Since I’m sitting on a year with realized losses that are greater than my capital gains, I decided to close all my positions that had a gain rather than drag the gains …

December 16, 2016

Options Expiration – December 2016

Filed under: Account Summary,Finance,Stock Picks - 16 Dec 2016

Today was the ex-dividend date for MDY and someone decided to assign my shares a day early so they could take advantage of the dividend. After closing at $104.69 yesterday, my one MDY December $290 covered call was assigned and …

December 14, 2016

Sold MDY Naked Put for March

Filed under: Finance,Stock Picks - 14 Dec 2016

Going into today’s 2:00 pm Fed rate decision, I expected a quarter point rate hike, as did practically all of Wall Street. They telegraphed it very clearly and did not disappoint. I entered a limit order for an MDY naked …

December 8, 2016

Sold QQQ Naked Put

Filed under: Finance,Stock Picks - 08 Dec 2016

After waiting for many months, I realize I should’ve waited even longer before selling covered calls on my IWM and MDY shares. Both calls are trading in the money now. The good thing about that is I can start selling …

December 2, 2016

Wrote DVY Naked Put

Filed under: Finance,Stock Picks - 02 Dec 2016

As I mentioned a couple of times recently, my goal is to have is to have a less volatile account for the next few months. After the dust settles in my personal life, I plan to ramp up my risk …

December 1, 2016

End of the Month Summary – November 2016

Filed under: Account Summary,Finance,Indices - 01 Dec 2016

November was an amazing month, but for those of us who were short bonds, it was even better. I finally exited my TLT position in full as the price plummeted. I could’ve made more by hanging on and rolling my …