Category Archives: Options

Midday Update

It really feels like a Saturday.  Fridays have a feel.  Mondays have a feel.  Thursday, not as much.  Anyway. I’m looking at my now out-of-the money $NWL position and am seriously considering liquidation.  The chart doesn’t look horrible, but it’s … Continue reading

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A Reduction in Exposure

This was a “grin and bear it” kind of day in the stock market for yours truly.  The morning started, appropriately enough, with my only short position ($MCD) as the lone stock in my entire portfolio in the black.  I … Continue reading

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On Losing

Of late, I just keep driving in neutral with my trading.  My account balance just keeps trading water…I’ll appear to make some headway only to find myself (stupidly) holding through an earnings miss or an analyst downgrade.  I’m hitting a … Continue reading

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Trade Progress Report: $RENN, $SKS, $STX, $SWY, $XRX

I’m going to save the narratives about these trades for when I sell contracts/close them out.  For now, I just wanted to get my current positions out there for the sake of transparency. $RENN $SKS   $STX   $SWY   … Continue reading

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Trade Progress Report: $DIS, $MSFT, $NWL

$DIS This was one of the first discretionary positions I opened after returning to the market.  I was reaching a bit and tried to force my way into this trade by buying at the end of that ‘flattish’ base that … Continue reading

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Trade Progress Report: $COF, $CTXS, $CVS

Since I have resumed writing right in the middle of a bunch of open trades,  I have the urge to write about my positions, but feel like it would be a little disingenuous to just come out and say I’m … Continue reading

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$QQQ Strangle

My apologies for the delay in this post…migraines suck. Before the FOMC statement, I started a trade aimed at taking advantage of the volatility inherent in market declines.  My rationale for the trade was outlined in this post. The trade … Continue reading

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