Archive for:

I’ve waited long enough without covering my UCO shares with calls.  When I finally got around to it this morning I decided to add some more downside exposure at the same time with new naked puts to go with the …

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 …

What started just a couple of weeks ago as an easy ride into expiration turned around on me very quickly, especially in the last few days before today’s relief.  I’m still not sure what to think with where the markets are …

I made a major change with my UCO position this afternoon.  I started working on this idea a couple of days ago and wanted to wait until later in the week to kick it off to make sure UCO didn’t …

I mentioned yesterday I was eyeing UCO again since I’m already long 10 puts at the October 12 strike.  My driving force behind this whole trade series is that I think oil is probably …

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, …

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 …

The stock market can make you laugh at yourself sometimes.  UCO is playing its roll as the comedian today.  In my post on Monday I mentioned that I was trying to work a calendar spread on UCO.  I …

I thought UCO would dip a little more than it has, but the lower US dollar opened the door for higher oil prices and I decided to take a nibble.  I mentioned in my post yesterday that I would probably …