Saturday, November 9, 2013

Sold a Put in $CAT to go Long

Thinking about a ASUS Transformer T100TA as my next tablet

Thinking about a ASUS Transformer T100TA as my next tablet.  Any thoughts???????????


Windows 8 operating system Along with an Intel&..., Built-in 802.11a/b/g/n wireless LAN Connect to ..., 2GB LPDDR3 memory For multitasking power., 10.1" WXGA LED-backlit high-definition widescre..., 32GB on-board EMMC flash memory Provides plenty..., Intel® graphics For lush images with vivid..., 1.2MP front-facing webcam Captures crisp photos..., Memory card slot Supports Secure Digital, Secur..., 1 USB 3.0 and 1 micro USB 2.0 port For fast dig..., Bluetooth 4.0 Easily link with other Bluetooth-..., Weighs only 2.4 lbs. and measures just 0.9" thi..., 2 built-in 1W stereo speakers Deliver clear sou..., Preloaded apps Include Skype, McAfee Internet S..., Intel, Pentium, Celeron, Centrino, Core, Viiv, ...

Introduction

Introduction


Hello everyone. My name is David. You can call me Dave.

I am starting today to try to document as simply as I can my trading strategies.  I’ve had a tough road to get to where I can relax and make some money.  I have been working at this for over 10 years.  All I can say is that you need to be doing this each day and practice various techniques in order to learn.  The important thing is to just get started - either paper trading or “really” small trades in order to learn.  

With this said, I primarily try to find undervalued stocks to trade and sell a put on them.  I want to be able to trade these in a retirement account and therefore I take a positive slant.  I like to trade covered calls in a “upwardly trending” market as well.  

I cannot afford to sit in front of a terminal all day - yet I would still like to be an active trader.  I am setting up my life to be able to trade anywhere at anytime so I may travel and work from a mobile office.  I am planning on doing all my trading and analyzing from a tablet.  

My own history is a good example of what most of us go through.  Over the first few years I suffered losses. I read many books, followed many blogs, and watch 1000’s of YouTube videos.  Only when I stepped back, looked at the big picture, simplified, and developed my own way of trading did I finally succeed.  I tested and practiced this system until I could get some repeatable results.  

This is my attempt to document my system and to try to educate others - especially young folks on my system.  

Tuesday, November 5, 2013

Initiated Positions in $SPX $RUT $CREE $AIG $UNG $BA $YUM $MRVL $MSFT

Took the following positions:

ActContractsTickerOptionRcvd before Commissions
BOT1SPXNOV 08 '13 - 1735 + 1730 Put Bull Spread-$50.00
BOT1SPXNOV 14 '13 - 1735 + 1730 Put Bull Spread-$90.00
BOT1RUTNOV 07 '13 - 1085 + 1080 Put Bull Spread-$60.00
BOT1SPXNOV 22 '13 - 1740 + 1735 Put Bull Spread-$135.00
BOT2CREENOV 22 '13 - 60.5 + 60 Put Bull Spread-$56.00
BOT1RUTNOV 14 '13 - 1075 + 1070 Put Bull Spread-$79.00
BOT2AIGDEC 20 '13 - 46 + 45 Put Bull Spread-$36.00
SLD2UNGNOV 22 '13 16.5 Put Option $52.00
BOT2BANOV 08 '13 + 136 - 135 Call Bear Spread-$32.00
BOT2YUMDEC 20 '13 + 72.5 - 70 Call Bear Spread-$208.00
BOT2MRVLDEC 20 '13 + 14 - 13 Call Bear Spread-$82.00
BOT2MSFTNOV 22 '13 + 38 - 37 Call Bear Spread-$42.00

Monday, November 4, 2013

Bear Call Spread in $AA and $DDD initiated.

BOT2AADEC 20 '13 + 11 - 10 Call Bear Spread-$44.00
BOT2DDDDEC 06 '13 + 68 - 67 Call Bear Spread-$76.00

Friday, November 1, 2013

Sold Put on $DOW



SLD1DOWNOV 15 '13 38 Put Option $39.00