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Archive for 2017

Posted by Martin September 18, 2017

Strangle 2 STX Sep22 34.00/30.00

UPDATE: September 18, 2017 Today, the trade closed. Both legs got purchased back for 0.05 debit.   ORIGINAL TRADE Another strangle opened today:   STO 2 STX Sep22 34.00 call STO 2 STX Sep22 30.00 put @ 0.44 credit limit   STX @ 32.19 IV @ 34.92% EM @ 1.87 DTE @ 15   Open Continue reading →

Posted by Martin September 08, 2017

Strangle: 3 X Sep22 29.00/24.50

STO 3 X Sep22 29.00 call STO 3 X Sep22 24.50 put @ 0.34 credit limit   X @ 26.74 IV @ 42.36% EM @ 1.8 DTE @ 14 Margin @ 960.30     Trade opened @ 0.36 credit.   Open trade Premium Trade Status 09/08/2017 $108.00 OPEN Acc# 8008  

Posted by Martin September 08, 2017

Strangle: 4 ETE Oct6 19.00/16.50

STO 4 ETE Oct6 19.00 call STO 4 ETE Oct6 16.50 put @ 0.28 credit limit   ETE @ 17.84 IV @ 28.27% EM @ 1.14 DTE @ 29 Margin @ 973.60     Trade opened @ 0.29 credit.   Open trade Premium Trade Status 09/08/2017 $116.00 OPEN Acc# 8008  

Posted by Martin September 07, 2017

Lending Club screening & investing criteria

In my post “A bitter return to Lending Club” I wrote that I would be returning to investing with Lending Club but this time I would be very conservative in selecting notes to invest in. Originally, I wanted to invest only a very small amount of money ($25 dollars a month) but later on, I Continue reading →

Posted by Martin September 07, 2017

Strangle 3 TECK Sep22 26.50/22.50

Today, I sold another strangle:   STO 3 TECK Sep22 26.50 call STO 3 TECK Sep22 22.50 put @ 0.25 credit limit   TECK @ 24.56 IV @ 42.96% EM @ 1.47 DTE @ 15   Open trade Premium Trade Status 09/07/2017 $75.00 OPEN Acc# 8008  

Posted by Martin September 07, 2017

Strangle 4 ETE Sep29 19.00/16.50

Today, I sold a new strangle:   STO 4 ETE Sep29 19.00 call STO 4 ETE Sep29 16.50 call @ 0.16 credit limit   ETE @ 17.84 IV @ 28.07 EM @ 1.00 DTE @ 22   Open trade Premium Trade Status 09/07/2017 $64.00 OPEN Acc# 8008  

Posted by Martin September 06, 2017

New Job And July – August 2017 Income Reports

Lately, I wasn’t posting much as I quit my job and I was on the hunt for a new one. Then, all my trading and dividend investing was on an autopilot and I wasn’t posting much either. Now, that I have a new job, I hope will be able to get back to trading and Continue reading →

Posted by Martin August 24, 2017

AMZN earnings play

UPDATE: August 24, 2017   After I rolled this trade in July, it all looked well until Amazon started selling. And it still struggles to hold the ground. As of today, the stock dropped to $941.43 and I decided to adjust my trade to keep the stock price a bit more centered in my Iron Continue reading →

Posted by Martin August 22, 2017

STO 3 TECK Sep8 22.00 put

Sold a new put trade today:   STO 3 TECK Sep8 22.00 put @ 0.15   TECK @ 24.00 IV @ 36.69% EM @ +/- 1.55 DTE 17   Legend: IV (implied volatility for this trade and expiration) EM (expected move or range of the stock in this time frame) DTE (days to expiration of Continue reading →

Posted by Martin August 22, 2017

What’s Your Preference: CFDs or Options Trading?

This question has dogged novice traders for quite some time: Should you trade options or CFDs? The point of departure is to understand the difference between options trading and CFD trading. Both have inherent advantages and disadvantages, depending on your trading preferences. All of these are derivative financial instruments. A derivative trading instrument is one Continue reading →