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Archive for 2014

New Trade – BUY SEP14 PUTS on TASR

New Trade - BUY SEP14 PUTS on TASR

Yesterday, I was thinking that if the weakness in TASR stock continues, I might be further taking advantage of it and offset losses on my put contracts. I decided to buy a put contract against TASR. When looking at the charts it is apparent that the selling took place and will be gaining more strength Continue reading →

Nervousness in the market? Go over it.

Today I received a newsletter note from Teddi Knight from fullyinformed.com and her notes on the market outlook were so great and expressing my point of view, that I decided to re-post it here for my readers. Her opinion (as an experienced trader) is what I believe in myself and what I try to stress Continue reading →

New Trade & Rollover – SELL DEC14 CALLS & ROLL SEP14 PUTS on TASR

New Trade & Rollover - SELL DEC14 CALLS & ROLL SEP14 PUTS on TASR

Taser Int. (TASR) started trading day with a renewed sell off. It opened at $12.88, briefly raised to $13.02 a share and then continued sharply lower. Within an hour the stock dropped all the way down to $11.97 a share. Weakness I could see on my indicators along with the price action convinced me that Continue reading →

New Trade – SELL DEC14 CALLS on TASR

New Trade - SELL DEC14 CALLS on TASR

I have a few naked puts against Taser Inc. (TASR) which fell from $20 a share all the way down to $13. I had a few puts at 18 strike and was forced to roll the puts down all the way to 13 strike. Recently, the stock seemed to stop at $13 a share, but Continue reading →

How To Sell Puts For Max Profits In Shorter Time

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All time high trading and investing results in June 2014

All time high trading and investing results in June 2014

My trading and investing in 2014 was the best and all time high I have ever reached in the entire history of trading and investing. Mr. Market was helping a lot to reach these results and I understand that falling markets will be the biggest test of my trading abilities. But I will worry about Continue reading →

New Trade – SELL DEC14 PUTS on TEVA

New Trade - SELL DEC14 PUTS on TEVA

Teva Pharmaceutical Industries Limited (TEVA) recently offers interesting premiums and 60% chance that it will expire OTM. The trade setup is positive too. I decided to take this trade and sell one December contract to collect nice premium. I would love to trade shorter time frame, but with a small account as mine I need Continue reading →

Trade close – Franklin Resources Inc. (BEN) put selling for profit 2.15% and GameStop Corp. (GME) put selling for profit 5.69%

Trade close - Franklin Resources Inc. (BEN) put selling for profit 2.15% and GameStop Corp. (GME) put selling for profit 5.69%

As I mentioned in my post on Friday, I was expecting two more trades to close soon as they would get closer to becoming worthless. It happened today! On Friday last week, my put selling trade against LINE lost value to $0.05 per contract, so I could buy it back (for free) and keep the Continue reading →

Trade close – Line Energy (LINE) put selling for profit 3.68%

Trade close - Line Energy (LINE) put selling for profit 3.68%

Today, I closed a trade against Line Energy (LINE) which I opened at the beginning of May (05/07/2014) with expiration in July – next month. I sold 1 put contract with 28 strike and July expiration for 1 dollar (or $100 collected in premiums). Today, this trade was worthless (it actually cost 0.05) and I Continue reading →

Is my struggling finally over?

Is my struggling finally over?

If you had a chance to read my “Curious history of a sucker” you know that I started investing back in 1996 and took many endeavors in losing money. I shrank my $30,000 dollars account to $4,000 in commodities trading, I lost another circa $15,000 in stock trading. But at that time I didn’t care Continue reading →