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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 …

I was planning to ride my VXX naked call all of the way to expiration and then sell covered puts on it for as long as I could ride it.  Once I saw $SPX hit resistance around its 200 day …

I expected the S&P 500 to hold support above 1,100 and when it tripped lower at the end of the day yesterday I decided to cut more exposure this morning.  I started off with my biggest risk, VXX.  The VIX …

In the comments section of my last post I was asked about any VXX options I might be considering.  I mentioned I thought a naked call on VXX could be profitable.  Today I entered a limit order good through Monday …

June wasn’t the prettiest options expiration I’ve had.  My covered calls expired out of the money leaving me farther below my purchase price for the shares and my puts expired in the money.  That’s basically the opposite of how I …

I’ve been debating buying back the SSO June 50 naked put I sold last December and mentioned it last week in my rambling post.  SSO was trading at $47.89 back then.  Today while SSO was …

I have mixed thoughts about this market.  On one hand I think the bull market has more time left in it just solely based on the time we’ve run from the bottom to present.  On the other hand the ground …

I had short options on four different stocks/ETFs that expired today.  All were profitable and I plan to work with all of them again for either May or June expiration options.  My only April option that wasn’t profitable was QCOM …

I’ll admit I was kind of happy to see the futures down this morning when I turned on CNBC.  I knew that meant I could get into some positions at better option prices than if I had sold the options …