I think this is cool. I’ve been writing for a little over a year now and my Google Page Rank is now 4. I haven’t done much social networking since I started my new job and don’t see much more in my near future, so having a higher page rank and potentially bringing in more…
Author: Alex Fotopoulos
Trying to Grow with Monsanto (MON), Again
Once again I’m back in on Monsanto (MON). I’ve sold multiple naked puts on MON over the past year and now that it has pulled back from its recent highs, I’m back in again with the hopes that it will help grow my account some more. While MON was trading at 119.48, I sold one…
Sold Naked Puts on AAPL, Again
I got out too early last time around and now that Apple (AAPL) has gone up another $50, I’m back in. While AAPL was trading at $183.24, I sold one AAPL June 170 naked put (APVRN) and received $449.25 after commissions. My reasoning was simple. Earnings were already out and good and the chart didn’t…
Dow Jones Industrial Average ($DJI) Chart – May 2, 2008
I’m back to charting the Dow Jones (aka “DJIA” or symbol “$DJI”) today. It finally broke above 13,000 and even stayed above it on Friday. That put the DJIA above the line of resistance at 13k and since I last charted the DJIA, it broke the lower resistance around 12,700. You can see a new upward…
Shutterfly (SFLY) Misses on Revenue
Is it bad form to quote myself? When I wrote about SFLY a couple of days ago I said “I wouldn’t be too surprised to see SFLY below 15 by the end of the week.” It opened at 13.37 today, two days after my prediction. Instead of selling calls, I should have bought puts, but then…
End of Month Summary – April 2008
I had another strong month in April. I’m still unwinding some of the trouble I got in back in January (and earlier). Although I’m taking some realized losses for those mistakes occasionally, I’m moving forward which is the entire point. I stopped letting emotions play a roll in my investing again and accepted some losses…
Sold More Shutterfly (SFLY) Naked Calls
So much for sitting on the sideline and watching. My order for more SFLY naked calls hit this afternoon just before 3:00. While SFLY was trading around 17.45, my order to sell two SFLY June 17.50 calls (QFYFW). I received $308.50 after commissions. I sold these at twice the price of the first four calls I sold,…
Just Watching for Now
I’ve been sitting back for a few days just watching to find my right entry point for my next trades. I got in too early on SLFY and knew better. My whole theory was that it would stay between 14 and 17.50 and sure enough after I got in a few days ago it climbed…
QQQQ Chart – April 25, 2008
I didn’t realize how long it had been since I last charted the QQQQ until a reader asked me to chart it again. I’m glad I did, because this is an interesting chart. Originally I thought this week would show just another trend line acting as a ceiling soon, but then I revised my moving…