Posts Tagged With 'options trading'

Posted by Martin May 22, 2017

TECK Iron Condor trade (ROTH IRA)

UPDATE: May 22, 2017   The trade executed this morning. As the old Iron Condor closed, this new opened and we are in the trade. We collected 0.35 credit or $35 dollars. Now we will wait for this trade to develop. We also placed buy back orders for both our short legs (to buy back Continue reading →

Posted by Martin May 15, 2017

How much money to trade for a living?

I decided to take a second part time job to raise capital. At first, I planned using loans (and I did it and took two business loans to use them for investing and trading) but the loans put a lot of pressure on my trading. Our accounts do not have large enough capital to generate Continue reading →

Posted by Martin May 11, 2017

Saving deep in the money puts, jade lizards, or strangles

If you follow my posts you remember that I advocate that investors should not be predicting the market or stocks. Such behavior has no place in the stock market. If you base your trading on predictions, forecasts, or magic, you are definitely set for losing your money. Many times I said here in this blog Continue reading →

Posted by Martin May 10, 2017

How Many Options Positions Are Too Many?

In our group a trader asked me a question how many positions a trader can open when selling put or call options using margin. Many investors and traders avoid trading on margin because they are afraid of it. Margin can be very helpful and boost your trading and results. It can also work against you. Continue reading →

Posted by Martin April 28, 2017

April 2017 dividend income

April dividend and options trading in our ROTH IRA account has been very successful. From the dividend income perspective it was the best month so far. Both incomes also helped the account balance growth although the stock market shows a lot of bearishness and fear. However, last few days in the markets boosted the value Continue reading →

Posted by Martin April 25, 2017

TECK short strangle

UPDATE: Apr 25, 2017 BTC 1 TECK Apr28 24.00 call @ 0.02 debit The company reported earnings this morning before market opening. The stock tanked almost 6%. This was great for our remaining calls. We closed our call side of the trade this morning. As of now, we are out of the entire trade for Continue reading →

Posted by Martin April 17, 2017

New STX strangle trade

Trading strangles can be very profitable trade if done correctly. Trading strangles during company earnings can be even more profitable. But is can also be quite dangerous. I am posting a new trade for you all to watch, follow or paper trade.

Posted by Martin April 16, 2017

Trading Diary #5 – stock market in confirmed downtrend

As I wrote in my last trading diary #4 the market struggled to break the downtrend line. Here is a chart I posted the other day to show my point stating that the market had to break above the line (marked with blue arrows):    

DIVIDEND CAPTURE – TRIPLE PLAY (ETE) TRADE ENDS

Back in December 2016 I opened a triple play trade using Energy Transfer Equity, L.P. (ETE) as underlying. I was selling cash secured puts as long as I got assigned into the stock. After I got assigned, I kept the stock, collected nice dividend, and started selling covered calls. Today, my covered calls ended in Continue reading →

Posted by Martin April 03, 2017

Trading Diary #4

As I wrote in my March 2017 dividend report in an outlook that the market is on crossroads of either going higher or staying on the downward path, today’s trading showed us we are heading down.     Although the intra-day trading was quite impressive (see below) when the market could recover almost all losses, Continue reading →