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 moving average I started wondering if my downside risk was greater than my upside potential [...] Read More
Posts Tagged ‘VXX’
Stocks Investment :Sold VXX December Naked Call
Posted 03 Sep 2011 — by admin
Category Stock Investment
Category Stock Investment
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 and didn’t think it would hit until Monday, but it did. While Read More
Stocks Investments :Sold VXX Covered Calls
Posted 23 Apr 2011 — by admin
Category Stock Investment
Category Stock Investment
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 we’ve covered has me wondering if a solid 10% correction still isn’t 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 – February 2011
Posted 23 Feb 2011 — by admin
Category Stock Investment
Category Stock Investment
Today ended up being an easy options expiration for my taxable portfolio. I only had three separate options expire today on VXX, VNQ and BA. This is how they each played out along with my next steps:
One VXX February 22 covered call – This worked like clockwork. I’m long Read More
Stocks Investments :Current Portfolio – February 11, 2011
Posted 23 Feb 2011 — by admin
Category Stock Investment
Category Stock Investment
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 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 – October 2010
Posted 23 Oct 2010 — by admin
Category Stock Investment
Category Stock Investment
I only have a few options expiring today with mixed results. The rest of my portfolio is weighted to November’s expiration. If nothing drastic happens in the next few trading days, I’ll start working towards building up my options for December’s expiration and Read More
Stock Market Investment :Bought BND and Charted VXX
Posted 21 Sep 2010 — by admin
Category Stock Investment
Category Stock Investment
I mentioned in my end of the month summary this week that I sent in another ,000 to my TD Ameritrade account where I hold my long bond positions. Although I sent the funds in nearly a month ago I just had it sitting there in cash. I was waiting on a dip in bonds and [...] Read More