My 2011 stock picks were pretty vanilla and the results were too, except for EET which sunk me the most. (See the results of our 2011 Stock Picking Competition at the bottom of this post.) My 2012 ETF and stock picks mix in some spice with a dash of vanilla left in there too. Of…
Tag: UWM
Sold UWM Covered Call for April
I expected to come in with at least a few trades to kick the week off on Monday and Tuesday, but stayed patient in this account and watched the fluctuations. The two first trades I thought I was going to make were on TBT and DSX, but neither of the naked puts ended up being…
Options Expiration – October 2011
October has been a good options expiration for me. Six out of seven positions are closing for a profit. NFLX – Bear $130/140 Call Spread – This one worked even better than planned. I could’ve been more aggressive, but am happy to have been able to ride this one to the end without stressing much…
Sold Another January UWM Naked Put
Over two weeks ago, on the morning of July 13th (the same day I sold my last UCO naked put), I was looking at my TD Ameritrade (AMTD) account and was thinking that I still had more margin not in use. I figured I could sell some more longer-dated options, far out-of-the-money and not take…
Options Expiration – July 2011
Options expiration was mixed again for me this month. I only had four options expire today on three underlying stocks/ETFs – UWM, UCO and AFL. Starting with the good, two of my naked puts expired worthless. On the other side one of my naked puts expired in the money which also left the covered call…
UWM Chart + Sold More Naked Puts
The draw of the decent premiums for somewhat measured risk drew me back to UWM again today. Actually I was drawn in yesterday, but the order hit today. As I mentioned in my April summary yesterday I was planning to increase my exposure. After spending more time on individual stocks and focused ETFs in April…
Sold Another OTM UWM Naked Put
I was all about being patient this week, until late this afternoon. I still haven’t done much, but did make a small trade today. I was waiting to see how low the markets were going to trip before finding some footing and it looks like the fall has slowed today, if not found somewhat secure…
Bought a Put & Sold a Put
I’ve been getting more nervous about the chances of a bigger correction lately and after the close yesterday I started thinking that I should buy some puts on SSO, MVV and UWM. I was looking at near term, out of the money puts and figured I could spend $300 and set up to make some…
Current Portfolio – February 11, 2011
I’ve intentionally not traded this week. Since I’ve been selling so many longer term options lately I thought I should take a step back, let the dust settle and see how (a little) time affects my current portfolio. With volatility currently so low compared to the past couple of years the option selling trades aren’t…