Adjusting Priceline

January 25, 2010

Some of you may have noticed that I did a different kind of trade on PCLN last week – it was a FEB/MAR double calendar with my short strikes at 200 and 230. This is a Debit and not a Credit trade and the returns, if the prices end up in the right areas, can [...]

Read the full article →

Oh, What a Joy

January 24, 2010

In my last post I mentioned how much I like it when a stock makes a big move, especially for a good reason and one that can be counted on to hold the stock long enough to capitalize on the move with a high probability, high return spread. Intuitive Surgical is on my watch list [...]

Read the full article →

Right Out of Star Trek

January 23, 2010

I’m an avid Science Fiction reader from way back in my teens (and I do mean way back). I’ve read hundreds of SF books. Some of my favorite authors are Clark, Asimov, Heinlein, Niven, Pohl and the like. I’m a more hard-core fiction than fantasy – probably because I’m a techno-geek of sorts and love [...]

Read the full article →

TOS Does it Again

January 20, 2010

Have you seen the orange “On Demand” in the upper right of the TOS platform? I noticed it around the 1st of the year. I pressed it a few times but didn’t understand what was going on – I thought it was movies like I have to pay for with my cable. Then I watched [...]

Read the full article →

This Is So Difficult

January 17, 2010

This expiration was devastating to me. In the spirit of honest reporting, I must admit that I lost some money this expiration in my Spread Account. The total loss was $2,772 and although only about 5% of my account, still a number that is going to be difficult to recover from. You can go through [...]

Read the full article →

2009 In Review

January 9, 2010

Pretty fascinating year, wouldn’t you say? For anyone who was just getting into the market, it was a very good year even if it was a bit scary the first 2 months. Using the S&P 500 Index as my benchmark, the index enjoyed a sweet 25.49% gain for the year. Fortunately I was able to [...]

Read the full article →

Conservative Account Adjustments

January 5, 2010

OK, so Kraft (KFT) wants to buy Cadbury – who is playing hard to get. To show how serious they are they sold their pizzas business to Nestles (N-e-s-t-l-e-s Nestle makes the very best – chooocolate!). Was that a smart move? Today the market thought so. Because of that, the JAN 26 Puts that I [...]

Read the full article →

Watch Lists Advantage

December 29, 2009

Many of you know that I have a watch list of about 50 stocks/indices/ETFs (I call this bunch equities) that I constantly monitor for potential trades. Yes, I can do scans or look for price/volume gainers/losers, movers, hot lists, etc., but why? The list that I have has been developed over many years of trading [...]

Read the full article →

Back to the Well

December 28, 2009

Aflac (AFL) is a truly amazing company. I mean, a duck, for crying out loud! I though insurance was a serious business, but apparently their marketing folks have the American public pegged (I admit I love the commercials, along with William Shatner for Priceline). Although the stock has not been a stellar performer, at least [...]

Read the full article →

So Many Tops

December 19, 2009

Have you noticed? Almost all the indices and many stocks seem to have reached a resistance point and have topped – at least for now. Of course, ’tis the season, as they say, where we are more focused on the holidays than on the market. However, a quick look at a chart of the DOW [...]

Read the full article →

← Previous Entries

Next Entries →