Entries from November 2009

Covered calls: Getting out early

November 11th, 2009 · 2 Comments

One of the things I’ve recently started to do with my covered call trades is to try and exit the position early by trading a little bit of the maximum profit for a reduced risk of losing money. Between Sept and Oct expiration, I attempted that by setting a limit credit order for each of my positions. But this month, I’m trying a limit BTC order for just the call option itself.

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Tags: Options

Belated: Covered call with MBI

November 10th, 2009 · 1 Comment

And yet another catch up on trades completed but not yet blogged about. A position using MBIA Inc (MBI) as the underlying is the last of my covered calls done within the GI portfolio for November expiration. Sadly, it’s been too long since I initiated the position for me to remember exactly why I went ahead with this trade. Which is really another way to say I may be doing too much experimentation and not enough of sticking to a plan.

More on this topic (What's this?) Read more on MBIA at Wikinvest

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Tags: Trades

Belated: Another dance with AFL

November 9th, 2009 · No Comments

Continuing my catch up on recent trades, I did another covered call against AFLAC (AFL) for November expiration. This time, I stepped back from using a screening tool and simply looked for an opportunity where the underlying position was something I’d feel more comfortable holding for a couple months if I got caught holding it past expiration.

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Tags: Trades

Belated: New EK calls sold

November 8th, 2009 · No Comments

I’ve been *real* busy the last couple weeks and am finally getting a chance to catch my breath and post a few things to my blog. Since I’m trying to use my blog as a record of my attempts to grow my “Geographic Independent”-qualified income, and I’m still selling covered calls in my quest to learn about options trading, that means I should have written about my recent trades already. Better late than never I guess.

More on this topic (What's this?)
Eastman Kodak Co. (EK)
(EK) Eastman Kodak Disposes OLED Business
Read more on Eastman Kodak Company at Wikinvest

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Tags: Trades

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