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Posts Tagged With 'monthly income'

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 →

New Trade – BUY NOV14 CALLS on GLW

New Trade - BUY NOV14 CALLS on GLW

Corning Inc. (GLW) received an upgrade today and rallied in the morning. That put this stock out from a quite long squeeze into a rally. It was a first day when my indicator showed and entry point. So I decided to scale in another call trade out of my 3 planned trades. I planned to Continue reading →

Stocks retreat taking some break as I expected

Stocks retreat taking some break as I expected

Stocks retreated today. I didn’t have time to check why actually it was happening, but honestly, I do not care. I look at the market trend and stocks trends from technical analysis perspective and trying to eliminate the noise media are creating every day. What I see is an insignificant pullback on 1 year chart Continue reading →

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 →