#SPX Morning. Been a while. Actually a long while. I’ve been getting the income portfolio set and deciding on whether and where to go next. Individual stocks, options, index spreads or even nothing at all. Spreads look to be the winner. Just can’t seem to master that swing trade / short term trade mind set. And rattling my cage, working in the garden, pulling weeds and walking the dog just doesn’t satisfy this old researcher’s mind. So I’ll see how this goes. Closed my two SPX call spreads, Oct 25th 3040/3050 and Oct 28th 3045/3055 this morning for 60% profits. Hopefully I can get WordPress to behave a little better using Firefox.
Sold July 26th 2935/2915 BuPS @ 1.00
$MU #Coveredcalls Sold April 26th 44 calls @ 0.29.
MU Bought to close my April 18th 44 Calls @ 0.49, originaly sold for .10 when MU hit my stop at 44. I was tempted to ignore my stop but I had to be away this morning so as expected came close to top ticking it. Alas. Hang my head in shame.
#Shorcalls Morning Sold MU April 18th 44 Calls for .10.
#Coveredcalls NUGT bought to close my April 18th 23 calls for .03. Will look to cover up again on a bounce.
Morning Yesterday I closed my MU April 12th 45 Calls for .01 as they wouldn’t trade any lower. I have an order in to sell the April 18th 44 Calls at .35.