I rolled the dice with BA and waited for it to pull back before tomorrow’s expiration, but it went the other way, but only briefly. I was training an assistant this morning when my trade trigger alert hit my cell phone. I figured she was cool enough not to mind the break from training, so…
ADBE trade
I’m sick today, so short on details… Yesterday while ADBE was making a run, I bought back my two February 35 calls (AEQBG) for a profit of $7. I though it might pull back some before Friday’s close, but didn’t feel the risk was worth waiting since I had other naked calls for March 35 too. I…
Apple (AAPL) Stock Chart
My sanity was questioned in some comments last week when I sold a naked put on AAPL. The charge might be fair, but not because of this trade. I charted it again today during lunch. On the left side of the chart you can see volume by price. It shows the heaviest volume between 120…
S&P 500 Chart – February 8, 2008
OK, I’m a stock nerd – I enjoyed charting the S&P 500 ($INX) today. This is a six month chart of daily price action. I might have gone line crazy. That’s why I removed the moving averages. I had enough lines to tell this story. The top line is the longer term trend line of lower highs. …
Covered SFLY Short Position
Two weeks ago I sold five naked calls on Shutterfly (SFLY) for $1. I got the idea from Barron’s and after charting the stock and thinking how bearish the overall market was, especially for consumers I sold the calls. On Thursday I put an order in to buy these March calls back if it went down…
More Money Saving Options on ADBE
I actually thought CSCO would fall more today than it did, expecially after the unemployment claims came in worse than expected. I didn’t panic with CSCO and waited to see if it would start to tank. I was considering shorting some, but apparently the markets decided it was already beaten up enough in the near…
Sold Naked Put On Apple (APPL)
It hasn’t been long since Apple (APPL) disappointed investors during their earnings call. I waited patiently and on January 27th, I entered a limit to sell one naked put on APPL when it dipped even farther. It went the other way, but I held, trusting the chart would work for me. This is different behavior than a…
I Voted Today, Have You?
I’m in a Super Tuesday state (Georgia), so I was able to vote today. I’m 36 and have voted in every election since I turned 18. I still get a kick out of it. Today was great. The voting precinct is located in between my house and work, so only 1 mile from each. I…
Turbo Tax Day
I’m not charting/posting an index today. I spent my time away from my family doing taxes. I used the Turbo Tax, like I’ve done for years. I had to upgrade to Quicken 2008 to get everything to transfer and allow me to continue downloads after April from my credit cards and brokerages. I’ll give a…