Three years ago I started trading options. I started with covered calls first, later moved to selling naked puts. Was I successful? Yes and no. I made money and I lost money. My trading was like a roller coaster. Euphoria was replaced with deep disappointment and anger when I doubled my account in one season Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Posts Tagged With 'monthly income'
Closing bull put spread against SPX for 11.29% a week early
We had a bull put spread against SPX which today became worthless and we could close it early. The trade was originally remnants of an Iron Condor we put our on October 21, 2014. The trade didn’t go well originally as our call side 1955/1960 call spread was breached when markets continued their incredible recovery Continue reading →
Last week call spread against SPX and put spread TWTR ended for a profit
After losses I suffered a few weeks ago due to mistakes and greed overtrading my account it looks like I was able to stop the madness and turn the tables around once again. Sometimes it happens to traders that they wipe out their accounts. Of course, this wouldn’t happen to a dividend investor as that Continue reading →
New Trade – SPX Iron Condor
As I described in my monthly report, I am slowly building my damaged account back up taking small trades and small income every week. Last week, I opened a few trades against SPX – one bear call spread, and two Iron Condors. All expired worthless and I could keep all premium I received. I will Continue reading →
September 2014 results
September 2014 was a very bad month to me. It was a month when I destroyed my account once again. I did it back in 2011 and I thought I learned my lesson. Apparently I didn’t. This is what happens when you do not follow rules or have none in your investing/trading. Trading options can Continue reading →
Breaking trading rules can be costly
I just lost my whole year gains. Everything, I was slowly building up over the course of 2014 year went down the toilet. Why? Because I broke my own rule which I try to tell everybody interested in options trading – stay small, do not overtrade. I didn’t do it, pushed my luck forward and Continue reading →
July 2014 results brought the highest income ever, but net-liq got hammered hard
This month was one of my best months so far. My options trading delivered the highest income in my relatively short options trading history. But I cannot have it yet. The entire month was going well, all my accounts were growing nicely and my trading account was growing bigger every day. Until two days ago. Continue reading →
New trade – Amazon (AMZN) in troubles… and my easy money trade too! Sold some calls.
What was about to be an easy money trade a week ago is about to become a disaster. A week ago I sold a bull put spread expecting Amazon (AMZN) to go higher. Well, I must admit I didn’t expect Amazon would miss it’s quarter the way it did. Right now, AMZN sold off -10% Continue reading →
New Trade – Amazon (AMZN) weeklys Bull Put Spread, will it succeed?
Here is another new trade I plan to open tomorrow morning. It will be a bull put spread against Amazon (AMZN). The stock shows a great push up at the beginning of a new breakout trend. I believe it will repeat the previous cycle when it broke up from a squeeze. If it repeats the Continue reading →
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