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Archive for November 18th, 2011

Posted by Martin November 18, 2011

Autonation (AN) range trade

Autonation (AN) range trade

Autonation is a stock trading in a range. Today it rebounded from the support line (see green horizontal line) and it seems it may go up to the upper resistance line (see higher green horizontal line) to complete another wave of range trending. Click to enlarge However, there are two obstacles on the way. The Continue reading →

Posted by Martin November 18, 2011

SPY put adjusted into Diagonal Put Spread

I decided to adjust my original SPY put trade into a diagonal put spread. That will bring some income and reduce the original put cost. I have: 1 SPY Dec17 2011 124 strike put and I adjusted this trade into a diagonal put spread, so the final holding will be: 1 SPY Dec17 2011 124 Continue reading →

Posted by Martin November 18, 2011

Options expiration Friday – November 2011

Today is an options expiration day. That means I had to take care about some of my holdings: SLV I hold long term SLV January 2012 Put contract. Against this contract I was selling covered calls and this month I sold one SLV Bear put Spread contract. This contract was as follows: -2 SLV Nov19 Continue reading →