The chart below shows the daily prices for the year-to-date through October 2, 2020, for the Dow Jones Industrial Average ETF, DIA, after closing the week at $276.80. DIA is trading more than five percent below its recent high from a month ago and 52 percent above its intraday low on March 23. The recent…
Tag: DIA
Options Expiration – March 2013
This has to be one of the most boring quarterly options expiration days that I can remember. The market didn’t know what to do with itself after such a long rally and didn’t do much. The morning trade looked like it might finally turn into the start of a decent profit-taking day, but by the…
Closed 3 Puts & Opened 1 Naked Put
I’m a few days early for spring-cleaning, but my trades today kind of felt that way. I had a few positions that just needed to be dumped. They weren’t doing much for me and I saw no reason to keep them. I also saw an opportunity with EEM triggered a trade for me. I’ve been…
Sold DIA March Put Spread
Simply writing out your thoughts on your account can do a lot to clarify what you need to do with your next trades. At least that’s how it worked for me today. By the time I finished writing today’s month-end summary for January, I knew I needed to take on some more risk. I had…
More Profit Taking
I had another profit taking day today. I did this a few weeks ago and saw the need to remove some risk today again since my upside on these puts was very limited. It’s not that I think we’re about to see a major sell off (probably some selling, but not beyond 4-5%), but that…
Options Expiration – December 30, 2011
I only had one option expire today (DIA, December 30, $121 strike) and it expired out of the money, worthless. Just as I expected, DIA rose some, but not enough that I should’ve bought the shares instead of selling the naked put. I made the trade at the beginning December when DIA was trading at $120.94….
Sold DIA Naked Put
Yesterday I mentioned my plans to come in on either direction the jobs data pointed us. Although the details within the jobs data were mixed, the headline number helped push the scrum to the bulls’ side to start the day. Seeing the ECB showing more teeth in their snarl helped too. (The ECB is reported…
Dow Jones ETF Chart – November 11, 2011
I charted DIA, an ETF that tracks the Dow Jones Industrial Average ($INDU, $DJI, DJIA), after the markets closed on Friday, November 11, 2011, as the Dow closed for the week at 12,153.68 and DIA closed at 121.53 (I had to pull the chart for DIA this weekend because TD Ameritrade isn’t pulling up prices for 11/11/11…
DIA Call Options Assignment
Today was a lot more interesting than I thought it would be. My DIA December 102 call options were assigned which meant I bought 400 shares of DIA at 102 and took a full profit on that leg of the option spread. That left me short 400 shares of DIA, but with DIA December 103…