I’m starting off the 2010 Stock Picks contest better than I did last year. For pretty much all of last year I was in the bottom two places out of our small group of financial bloggers. This year has started out better as I’m in the top third of the group, but with a lot of time remaining. The…
Tag: SSO
Options Expiration – March 2010
After what started off shaky for some of these positions ended up being a boring finish for March options expiration and that’s what I like. It’s nice having all of my positions finish out of the money with no option assignments. It gives me the freedom to reassess what I should be holding and either get…
Added to SSO Position
A few weeks ago I opened a small SSO position with the idea that if it went up I’d just pocket the profit and move on and if it went against me (which it did) I wouldn’t lose much and would probably add to the position if SSO fell further. SSO has done that and I stuck…
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…
2010 Stock Picks
As a follow up to last year’s contest for the four best stock picks over a full calendar year, I’m honored to join the same group of other financial bloggers in a friendly contest for the top stock picks of 2010. We all agreed to post our four best ETF and/or stocks picks and track them throughout the year with quarterly updates. The difference this year is…
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…
Options Expiration – November 2009
One of the biggest decisions to make when selling options is picking the right strike price. What’s considered the right strike price isn’t a one size fits all. Some investors (I’m saying “investors”, not “traders” because I don’t look at my approach as short-term enough to actually be called trading) might want the maximum premium intake possible while…
Sold SSO November 36 Naked Puts
I’m working to get a larger part of my account invested after all of my October options expired worthless last week. One of the easiest ways I find to do that is the double the S&P 500 ETF, SSO. I started pricing in my order before the markets opened today. I figured I should aim…
Options Expiration – October 2009
I had a good month to be short options. Every one of my short positions closed out of the money leaving me with a full profit on each one. I could’ve written higher strikes and made more money, but opted to go with out of the money naked puts for all of these except for EEM,…