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I officially doubled my account today. TASR helped a lot.

I officially doubled my account today. TASR helped a lot.

I did it once before when I started trading options and I doubled my account from $4000 to $8000 couple of years ago (in 2011), but then I lost everything back down to $2000; $1914.70 to be exact. That was my wakeup call and I started looking for a strategy, which would no longer be Continue reading →

Keeping cash reserves is crucial to survival

Keeping cash reserves is crucial to survival

It all depends on your trading style, plan and strategy. If you are a long term investor buying dividend stocks for a long haul, it probably doesn’t matter if you use all your available cash. If you use margin however or trade options, I learned that it is a very important thing to maintain some Continue reading →

Why selling puts against dividend paying stocks is a win-win strategy

Why selling puts against dividend paying stocks is a win-win strategy

There is a simple answer to this question, but I will make it a bit longer and complicated. It may be difficult for novice investors to engage in options trading, because from everywhere around us we keep hearing how dangerous options are. Financial advisors of all sorts will tell you that options are very dangerous, Continue reading →

May 2014 results; should I have sold and ran away?

May 2014 results; should I have sold and ran away?

There is an old adage on Wall Street – “Sell in May and run away”. If you have done that, then you missed a nice returns overall as markets grew quite nice in May 2014. S&P 500 rose by nice 2.18% in May and closed near all-time high. What a blessing! Should I have sold Continue reading →

New Trade: Bull Put Spread: OCT14 MSFT

New Trade: Bull Put Spread: OCT14 MSFT

This is another test trade I am going to open on Monday if my price limit is met. It is a live test of my squeeze signal reading. Microsoft stock has experienced a strong squeeze lasting roughly a month and a half and recently it shot up to release the squeeze energy. Will this move Continue reading →

Posted by Martin May 27, 2014

New Trade: BUY AUG14 CALLS on GLW 1 AUG14 22 $.57

New Trade: BUY AUG14 CALLS on GLW  1 AUG14 22 $.57

I once traded advanced option strategies which involved all sorts of spreads as well as buying options. At first, I was successful and doubled my account. But also I wasn’t very comfortable with those trades. Many of them were directional trades and I was unable to make money. When the trade went against me, it Continue reading →

Posted by Martin May 26, 2014

Memorial Day

Today, I would like to take the opportunity to express how grateful I am for all our men and women who served this country and paid the highest price for it. I am old enough to remember how Americans treated their soldiers in 70’s and it was sad. I also remember how this attitude changed Continue reading →

The best trade ever

The best trade ever

My yesterday’s trade finished today with full profit. I managed to keep the entire premium I collected and the option against GameStop (GME) expired worthless. Although there were many doubts out there whether GME is a good stock to own or not I trusted my sense and expectations when opening the trade. Of course, I Continue reading →

New Trade: SELL MAY4 14 PUTS on GME (weeklys)

New Trade: SELL MAY4 14 PUTS on GME (weeklys)

This morning I entered another trade against GameStop (GME). It was a bit speculative trade and a source of either a quick profit or a big burn. Today after market close GME reported 1Q results and I took a risk of being burnt if the company reported disappointing results. This trade will expire tomorrow, so Continue reading →

Is the US heading to another recession?

Is the US heading to another recession?

It looks like some analysts and investors are slowly turning bearish on the market. Is this the end of our spectacular and long bull trend? We haven’t experienced too many corrections or significant correction lately and it looks like the market had a spectacular and uninterrupted run up. Take a look at SPY 5 year Continue reading →