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Archive for November, 2014

Posted by Martin November 28, 2014

Expiration Friday mostly flat

Expiration Friday mostly flat

The week looked good until last Thursday end of the trading. Markets were slightly up which was good for our options positions set to end this Friday. I had an Iron Condor against SPX set to expire today. It was 2105/2110 calls and 2030/2035 puts. Since the market ended at $2067.56, both legs of the Continue reading →

Posted by Martin November 26, 2014

Happy Thanksgiving Day

Happy Thanksgiving Day

Dear readers, subscribers, traders, and investors, It has been a rough year and I believe for many of you a profitable year. The end of this year wasn’t as good to me as I would wish, yet I am grateful for it as I learned a lot from my mistakes. I hope I would be Continue reading →

Posted by Martin November 17, 2014

What’s stalling the Wall Street rally?

With U.S. stocks nearly 2 percent overvalued, investors are worried that markets will see another correction, says Hugh Jackson, Chairman of Hugh Johnson Advisors.

Last Friday expiration of Netflix (NFLX) Iron Condor for 19.51% profit

Last Friday expiration of Netflix (NFLX) Iron Condor for 19.51% profit

On November 10 2014 I opened an Iron Condor trade against Netflix (NFLX). I opened a call side at 405/407.50 and a put side at 365/363.5 shifted a bit towards bullish trend – meaning that I set the call wing of a Condor higher to protect the trade against stock’s uptrend which I have expected. Continue reading →

October 2014 investing and trading results

October 2014 was a consolidation month for me and I am finally back on track making money trading options. Nevertheless this year 2014 would be a bad year for me, but that is a part of the entire game. If you want to trade with your money, you can make great returns. Yes, you can Continue reading →

Posted by Martin November 12, 2014

Learning options – debit spreads with AAPL

Learning options - debit spreads with AAPL

As I continue learning options as a tool to make more money than just with dividend investing I moved into reviewing debit spreads. If you follow my blog, you know that I do not prefer debit trades much. With debit trades, you pay up front for the trade and then you have to hope for Continue reading →

Closing bull put spread against SPX for 11.29% a week early

Closing bull put spread against SPX for 11.29% a week early

We had a bull put spread against SPX which today became worthless and we could close it early. The trade was originally remnants of an Iron Condor we put our on October 21, 2014. The trade didn’t go well originally as our call side 1955/1960 call spread was breached when markets continued their incredible recovery Continue reading →

Closing Bear Call Spread against WYNN one week earlier for 13.79% profit

Closing Bear Call Spread against WYNN one week earlier for 13.79% profit

Today I was able to close my Bear Call Spread against WYNN for a profit. I put this trade on via newsletters on October 16, 2014 with expiration next week. It was a bumpy road during last couple of weeks. I sold a 205/200 call spread and at some point when WYNN reported earnings, the Continue reading →

Trading the markets in phony environment

Trading the markets in phony environment

Many times again and again investors seek the way how to protect their portfolios and avoid losses when markets tumble. Many investors try to balance their investing strategy between safety and returns. An old battle going on again and again. I decided to combine two strategies for this purpose. One aggressive strategy – trading options Continue reading →