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I don't time markets, remember? 27 MSFT Sept 23 sold for $0.33

Just bought 26 MSFT Sept 17 back for $0.85 Gonna ride the rally for a bit before selling new one.

I made my trade this morning I have been talking about and after much deliberation I have decided to share the trade as it isn't THAT thinly traded. This morning I bought NLY at 17.79 and sold to open 15 strike NLY oct 21 for $2.79. The goal here obviously is to pick up the dividends while...

Start of Week: $22,250 End of Week: $22,362 (+0.5%) Was a good week all things considered, market traced down and my account is starting to diverge quite nicely from the S&P. This is stil la new strategy for me and I am enjoying the results thus far. I am sticking to weekly's on MSFT and...

Sold to open 26 MSFT Sept 17 Call for $0.33 post commissions. This trade was a good reminder that I don't time markets. When I bought the MSFT call back about 30 minutes ago Dow was down 240. I thought it would bounce back and I could get a good sell on the new ones for around .45, at the...

Just bought back MSFT 26 Sept 9 Call for $0.04 (0.05 post commissions)

No trade made yet today, but I am working on a new strategy. Unfortunately it is a rather thinly traded market and I don't want to share too much information. The strategy does however keep in line with my goals of this portion of my portfolio and I will continue to update with all my trades...

Will start posting this in weekly updates. Red line is if I just put 100% into SPY

Start of week: 21,828 End of week: 22,250 (+1.9%) Update from my phone again. Not much to say except I need to do more analysis on the weekly calls, 4x the commissions really sucks. I don't want to get in the habit of updating on my phone but been super busy lately.

Just bought MSFT 26 sept 02 call for 0.06 after commission and sold MSFT 26 Sept 09 call for 0.28 after commission. Will give weekly update at market close

DoJ is appealing the T-Mobile purchase

Due to the recent announcement of the FED keeping interest rates where they are until 2013 at a minimum, I've been trying to think of ways to capitalize on that. My best idea so far is AGNC. Obviously the spread on interest rates effects this holding directly. If I do open the position I...

Was nothing special about the $6,000. I just saw a pretty decent upwards wedge forming, as I stated in my journal I saw more upside then downside. I really do like your idea of having hedges with the ability to close them out for profits during short term corrections like we are in right now...

Sold to open a MSFT 26 Sept 2 call for .16 after all commissions.

Start of week: $20,285 End of week: $21,828 (+7.6%) Posting this from my phone, will be quick. Obviously had a good week. I sold all my strikes pretty far out thinking there was more upside then downside..well I was right as all my strikes are already hit. MSFT hit 25 and I had a family...

Surprised you didn't close your hedge when it was +6,000. Any thoughts on that?

Okay got in a little late but I guess it worked to my advantage as the market traced back up a bit. I am having some issues with my brokerage account. The options that expire on Saturday are still in my account on Monday and it is not letting me open a new covered call as it would not be...

Start of week: $21,658 End of week: $20,285 (-6.3%) YTD: +$285 (+1.3%) All my calls obviously expired worthless this month. I picked up something like roughly $1,000 in call premiums this month and still took an absolute beating. I am now facing this issue mentally where I am unable to...

Do you have any more add on levels? and if so what is the next one?

Bro seriously, I'm done responding to you. I made it very clear in the beginning of this journal all trades would be calls and I also simply said the dividend effected the price I received. And you came to my journal completely out of no where and argued both statements for one reason or another.