Category: Indices

April 2, 2018

Month End Summary – March 2018

Filed under: Account Summary,Finance,Indices - 02 Apr 2018

My account value dropped again in March, but less than the major indexes. The gains I took on a few of my options, ADI, IWM, TLT, and GS helped cut my losses as did my far out of the money position on NFLX, but I had some painful positions in WMT and XLB that continue to cause pain. I only have April options on AAPL and NFLX. My NFLX naked put was still more than $60 out of the money …



March 1, 2018

Month End Summary – February 2018

Filed under: Account Summary,Finance,Indices - 01 Mar 2018

I lost a few bucks in February, but not as much as the major indexes thanks to most of my options beginning the month out of the money. I don’t have the same benefit on all my investments coming into March, but the few that I have (ADI, AAPL, NFLX) out of the money will help me overall, unless stocks sell off deeply. For now, it looks like I’ll be taking some option assignments in March unless I go ahead …



February 1, 2018

Month End Summary – January 2018

Filed under: Account Summary,Finance,Indices - 01 Feb 2018

It feels good to be back in the swing of things and making more trades than I did in most months last year. One drawback to selling options is that you don’t get the big upswings in your account balance when the markets make big moves higher. This lag can be discouraging for those who are new to selling options, but the benefit is that you don’t get the quick account balance drops when the markets drop. The peaks and …



January 2, 2018

End of Year Summary 2017

Filed under: Account Summary,Finance,Indices - 02 Jan 2018

Bullish investors made a killing in 2017 and I made a decent gain (when not comparing myself to the benchmarks), but I didn’t keep my focus on trading last year as I wrapped up my divorce and dealt with my mom’s death. I highly recommend avoiding a divorce and losing a parent in the same year. Even though I get along great with my ex-wife and it was time for my mom’s suffering from cancer to end, the emotional toll …



December 1, 2017

End of the Month Summary – November 2017

Filed under: Finance,Indices - 01 Dec 2017

Through very little effort in my account, I was able to pull out a little more of a gain again. I fell below the major indexes further, but hopefully I’ve had my last major event pulling me from trading for a long time. After fighting cancer for more than two and a half years, my mom died the week before Thanksgiving. I spent the last week of her life with her and my dad and Thanksgiving week with family. I …



November 1, 2017

End of the Month Summary – October 2017

Filed under: Finance,Indices - 01 Nov 2017

October was another good month for me and those investors who are not short the market. I know I sound like a broken record. I did well, but could’ve done better if I had invested more and taken more risks. Not being fully invested during a bull market is begging for missed opportunities each month. The Dow gained 4.34% in October and the S&P 500 gained 2.22%. I wasn’t close to those returns thanks to my cautious approach. I’ve pretty much …



October 7, 2017

SPY Chart Forecasts a Drop

Filed under: Finance,Indices,Stock Charts - 07 Oct 2017

The chart below shows the daily prices for the past year on SPY, the SPDR ETF that tracks the S&P 500 Index, after closing the week at $254.37, on October 6, 2017.

SPY has had an incredibly boring and strong 12 months, recording one of the lowest periods of volatility in the history …



September 1, 2017

End of the Month Summary – August 2017

Filed under: Account Summary,Finance,Indices - 01 Sep 2017

I pulled out a slight gain in August. The Dow only gained 0.26% and the S&P 500 only edged up 0.05%. I took some risk off as my August options expired and haven’t replaced everything yet. I missed a good opportunity after the short-lived scare from North Korea’s missile launch over Japan and now don’t feel overly bullish enough to take a big risk. I need to sell some out of the money puts at a minimum to keep some …



July 8, 2017

SPY Chart – July 7, 2017

Filed under: Finance,Indices,Stock Charts - 08 Jul 2017

The chart below shows the daily prices for the past three months on SPY, the SPDR ETF that tracks the S&P 500 Index, after closing the week at $242.11, on July 7, 2017.

SPY retreated 2.0% from its intraday high of $245.01 set on June 9 before having a slight recovery and then dropping …



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