1,220 still seems to be the magic number for the S&P 500′s ($SPX) resistance. This morning’s start was good enough for me to add some more exposure though. I started with adding more UCO before lunch. I am long 300 shares already with a three covered calls at Read More
Posts Tagged ‘JPM’
Stock Investment :Market Goes Up – Time to Buy and Sell Options
Posted 13 Oct 2011 — by admin
Category Stock Investment
Category Stock Investment
Stocks Investments :Options Expiration – August 2011
Posted 03 Sep 2011 — by admin
Category Stock Investment
Category Stock Investment
Not that it’s a surprise to anyone, but this is not a good options expiration Friday for my account. All of my naked puts finished in the money and all of my covered calls finished out of the money. These are the 11 options I was short going into the day. CSX – 1 August [...] Read More
Stock Market Investment :Options Expiration – April 2011
Posted 23 Apr 2011 — by admin
Category Stock Investment
Category Stock Investment
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 and it was assigned a couple of days ago and Read More
Stock Investment :Revisting Old Friends – UCO, JPM, VXX
Posted 23 Feb 2011 — by admin
Category Stock Investment
Category Stock Investment
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 last week. Then I saw oil was up pretty big on the Libya news and [...] Read More
Stock Investment :Options Expiration – November 2010
Posted 25 Nov 2010 — by admin
Category Stock Investment
Category Stock Investment
I had a good options expiration this November as most of my positions went my way. Here’s the breakdown of how everything finished for me.
SPY – 112 Straddle (sold 1 put and 1 call at 112) – My put finished well out of the money and which means my covered call Read More
Stock Investments :Options Expiration – August 2010
Posted 22 Aug 2010 — by admin
Category Stock Investment
Category Stock Investment
Today’s option expiration finished somewhat differently than I thought it was going to as of a week ago. Here’s the breakdown of how it went down:
VXX, two August 24 Puts – I’ll be assigned 200 shares of VXX on Monday morning. Instead of trying to roll Read More
Stock Market Investment :JPM Option Strangle
Posted 15 Jul 2010 — by admin
Category Stock Investment
Category Stock Investment
Last week I mentioned that I took an option assignment on my JP Morgan (JPM) naked put. I sat on the shares for a little while trying to decide how to make my next move. I thought JPM might have some more upside, which it has since I was forced into buying the shares, but was [...] Read More
Stock Market Investment :Options Expiration – April 2010
Posted 21 Apr 2010 — by admin
Category Stock Investment
Category Stock Investment
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, JPM and UCO) and making decisions on what to do. Here’s Read More