What a crazy options expiration day today was! I took the opportunity to open four new positions as my old positions expired worthless. The options for September were already available for SPY, GES, NDAQ and EEM and my July options were far (enough) out of the money so I started with those and will catch up with UCO on Monday…
Tag: NDAQ
New Position on NDAQ
I mentioned earlier today that I had some more stocks I was eyeing for new naked puts. NDAQ was one of those. My last option strangle on NDAQ ended with my shares getting called away at $19.00. I took a loss on the shares and had to stay out of it for a month so…
Options Expiration – April 2010
After operating in a daze the past couple of weeks I happened to notice the date today and saw April options expire tomorrow. That got me to jump. I started looking at each of my expiring options (NDAQ, INTC, T, JPM and UCO) and making decisions on what to do. Here’s how I’ve started and plan…
Sold NDAQ Option Strangle for April Expiration
When my February options were expiring I wrote that I planned to jump right back in on a few of my positions, but by the time Monday rolled around I started having second thoughts. I entered a limit order to sell new CVS puts if/when CVS takes another dip as it’s prone to do. I thought about…
Rolling Options on INTC Naked Puts
I sold February INTC Puts last month and took a realized gain on the options this afternoon. I considered buying my February puts back and leaving it at that, but decided I could take a little risk on INTC since I think the downside is limited. INTC has been working through a trading range for months…
Options Expiration – February 2010
I let this week slide by without making any real attempt to open any new positions. The only order I entered was for ORCL March options, but left my limit price too high and ORCL only went up which left it outside of my portfolio. While the markets have been moving higher, I’m still cautious about…
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…
Back Into NDAQ With Naked Puts
For those of you who have been reading My Trader’s Journal for a while you know I have a hard time staying away from NDAQ for long. It’s good about bouncing in a decent trading channel and I think the downside risk is somewhat limited. I’ve been waiting for it to return to the $20…
2009 Stock Picks – End of Year Review
At the beginning of last year I joined a group of financial bloggers for a stock picking contest that would last for 12 months with no adjustments allowed. We didn’t put any money on the line for the contest (luckily). My picks had a mixed year which helps explain why I rarely hold any single equity for more than a few…