From the category archives:

Weekly Review

Weekly Option Review #5

February 26, 2010
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It’s been an interesting week.  At times it really looked like the market would roll over. But by Friday, it close out the week only couple of points down. As the chart of SPX above shows, the recent upward moves of last week, have caused the 10 day MA to rise just 2 points above [...]

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Weekly Option Review #4

February 19, 2010
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Well everyone, the chart says it all.  Monday the market went nowhere, followed by a massive move up on Tuesday, and a continued grind upwards the rest of the week.
No reason to belabor the point on why the market moved up so much. Nor is it of any use to attempt any prediction of further [...]

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Weekly Option Review #3

February 12, 2010

So let’s start off with the option positions we’ve got on the table.  As we come into the close of the trading day this Friday, February 12, 2010 here’s how things sit:
1) Our bear call spread in GS (Goldman Sachs Group) is showing a small profit of around $30. Nothing to get excited about for [...]

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Weekly Option Review #2

February 5, 2010

What a week. We sent out a possible option trade on MUR (Murphy Oil) early Thursday 2 hours before the market opened. The market opened down quite a bit, and never looked back. As a result we never got filled at our price.
Friday morning was a little busier than normal. We put out a trade [...]

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Weekly Option Review

January 29, 2010
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As I sit here writing, the market has only about 30 more minutes until it closes. It’s been a slow week around here. We haven’t put on any trades simply because the market has not been co-operating. The goal is not to trade for the sake of trading. Rather we trade to make money.
Our strategy [...]

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