I charted the Dow Jones Industrial Average ($DJI, DJIA) after the markets closed on Friday leaving the DJIA to finish the week back down at 10,067.33.
Sold VIA March Naked Puts
Viacom (VIA) is another one of the stock picks I grabbed from Barron’s Round Table issues. Mario Gabelli picked this one. His reasoning, among other things, includes the cash VIA generates from advertising and subscriptions. It’s had a huge run over the past year and I’m banking on this huge cash flow to at least…
SPX Chart – Technicals Weighing Heavy
I charted the past six and a half months for the S&P 500 ($SPX) after the markets closed on Friday, January 22, 2010 when it finished the week at $1,091.76.
Easing Into SSO Position
I mentioned this morning that I’d probably start easing into some trades starting this afternoon. FDML was one of those I thought about. It found support yet again in the $17.45-17.50 range that has worked for it over the past month. I was tempted, but then found an article on Forbes.com touting it as one…
This Is What I Own Right Now
I grabbed my list of current holdings as of the markets’ close yesterday, 1/20/10. I haven’t made any new trades today, so this is what’s in my Interactive Brokers account right now. I still have 460 shares of the bond ETF, SHM, at $24.05 I hold in TD Ameritrade too. Underlying Qty Expiration Strike Type Cost if…
Sold AFLAC (AFL) Naked Puts
I’ve been eyeing more and more dividend paying stocks recently. That’s somewhat atypical for most option sellers, but for some of these I’m considering selling closer to the money naked puts. That’ll either give me a better premium to walk away with if the stock stays flat to higher or will allow me to buy a stock…
Dow Jones Chart – Conflicting Technical Indicators
I charted the Dow Jones Industrial Average (DJIA, $DJI) after the markets closed on Friday, December 15, 2010 when it closed for the week at 10,609.65.
January 2010 – Options Expiration (EEM & UCO)
I didn’t have much on my plate for January options expiration, but what I had worked out for me. About a week and half ago I closed my EEM naked put position because I thought EEM was ready to come off its recent highs some. I was right about EEM falling from its level at…
Sold Intel (INTC) Naked Puts
I’ve been using ETFs more and more over the past year, but sometimes a good straight entry into a single stock seems like a better move. INTC moved above its highs from the past couple of months, but is still below its three month high by a few cents. On a one month basis it’s…