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Posted by Martin March 12, 2017

Why I stopped contributing to 401k

Many future planner advisers who were trained to sell you their 401k plans to get their share of fees will be outraged if you tell them that 401k plans is a legal way how the financial industry is robbing us from our money and that there are better ways to save money for retirement. It Continue reading →

Posted by Martin March 10, 2017

February 2017 options income

February 2017 trading went well. I opened a few very profitable trades which allowed me to close some “skeletons in the closet” mainly WYNN trades. That meant taking a loss but I am happy about it because that helped me to reduce exposure in that stock and still be profitable. Again, I expected $1,605 dollars Continue reading →

Posted by Martin March 10, 2017

Third US Steel (X) strangle trade adjustment

I have three strangle trades with X as underlying. Two of the trades we already rolled into the next week. Now was the time to roll the last one since the stock continued sliding down.     Here is a trade we had:   -3 X Mar10 37.50 calls -3 X Mar10 40.50 puts   Continue reading →

Posted by Martin March 09, 2017

Seagate Technology (STX) triple play trade adjustment after stock drop

You can predict the market all day long and yet you will end up 50% chance of being wrong. Sometimes you will be wrong right at the beginning of the trade. And that is a reason why I do not predict the market or stocks’ move. You plan a trade, set expectations, and everything runs Continue reading →

Posted by Martin March 09, 2017

X strangle adjustment

Our calls from the next week trade with 38.50 strike got closed for 0.05 debit right now. We are left with 37.00 puts available to be rolled. We will roll the puts into the next week and sell new calls against it to create a new strangle. Here is the trade we will be doing: Continue reading →

Posted by Martin March 08, 2017

US steel (X) strangle trade roll

Another of my strangle trade against US Steel (X) got ready for a roll. As my calls against US Steel (X) got closed today, I decided to roll the puts into the next week:   BTC 1 X Mar3 38.50 put STO 1 X Mar 17 37.50 put STO 1 X Mar17 37.00 call @ Continue reading →

Posted by Martin March 07, 2017

STX dividend capture – triple play

We are opening a new triple play – dividend capture trade against STX (Seagate technology) stock. The stock has ex-dividend on March 20th so we must become owners of the stock before that day. This goes perfectly with the March 17th options expiration. We can sell naked (or cash secured) puts, collect premium, and let Continue reading →

Posted by Martin March 04, 2017

February 2017 dividend income

We are once again at the end of the month. I still feel like the month just started and it is time to report our achievements in dividend investing (and options trading which I will publish in my next post). This month, we received $87.79 dollars in dividends. I am happy about it for two Continue reading →

Posted by Martin March 03, 2017

X trade adjustment

We have a three trades using US Steel (X) as underlying stock. The stock is not one I would normally buy as a long term investment, but it is a great stock to trade options against it. As of today, we have 3 March 10 inverted strangle contract, 1 March 10 strangle, and 1 March Continue reading →

Why Investing in an Organic Farm is Profitable

Why Investing in an Organic Farm is Profitable

  The organic farming industry is one the fastest growing industries around the world. People who now know about the disadvantages of eating chemically treated foods are converting to the traditionally grown vegetables and fruits. Inorganic farming is not just harmful to the consumers; it is also adversely affecting the environment. This is because the Continue reading →