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I'm just going to post my year end review real quick with the market having 5 minutes left, as I am basically one foot out the door. Account value ended year @ 26,535 This represents a 32% increase in the account on the year, even though I started sometime around May. I will only use this...

Been getting lazy on this journal because no one really responds or even reads this I believe. last week I sold: 21 Jan 105 EQIX C @2.75 21 Jan 26 MSFT C @ 0.60 I'm trying to short ZSL but my brokerage does not have any inventory at the moment which is really quite a let down

Good buy back..now I want to sell Jan 27s but I can't..because they don't exist. There is no longer 27 and 28s for msft but 27.50s. I don't like this at all..

You guys that bad mouth companies like Zynga saying they are selling virtual goods and are therefore worth nothing are seriously brain dead and don't understand the industry at all. That would be equivalent to calling the entire gaming industry from the wii, to xbox, to computer games calling...

just bought back MSFTs on the dip for 0.03

week ended account @ 25,730

Well my MSFT strategy has been...working I guess, just not quite how I was anticipating. My target was for it to have hit 26.50 already. I'm still in it and I just sold 17 Dec 26 calls @0.25 a bit ago which gets me close to my target of 26.50 if I do get called, and if not I pick up 0.25. I...

MSFT position still open. Just bought EQIX @ 100.49 and sold DEC 100 call @ 3.40 I like EQIX a lot and thought this was a pretty good opportunity to open a position in them at 97 or pick up 3% in 2 weeks if I get called out.

Just did my second trade in this account outside the scope of my trading plan. The first one was shorting ZSL around 19.50 and covering 2 days later at 14.50. This one is MSFT. Put entire account into MSFT@ 24.55 looking to swing trade this one up to around 26.50

118.49 filled I assume, 115.90 next? 1800 shares?

Quick update for anyone that cares. I am boycotting my brokerage firm until I get the right to sell cash secured puts, absolutely ridiculous that they are even making a distinction between covered calls and cash secured puts. I am sending in a options application form and doing no trades until...

Another out performance, but just barely. MSFT which happens to be my biggest holding was also my worst performer this week, they've been going straight down and are the reason I didn't outperform even better. All of my positions ended the week ITM except MSFT. I didn't do anything with...

Ah okay. Another thought too of course is to wait until strike - Premium = Fib Level and do it on weeklies. Just making up numbers in this example to show what I mean. Instead of selling the 121 put for $4 since 121 is the entry price you want, how about selling when the strike - premium =...

Also. have you considered selling weekly puts on SPY at the Fib levels to get into positions?

woah, almost hit it there! I see the next level would be 118.50 I believe. Do you have a simple method for entering a position? I see you skipped the 28.6% level and 200 here at the 38.2 is a pretty small position. Do you do something like double or triple your purchase size from the...

Sorry for the delayed post. Been extremely busy. Had another week of nice outperformance. I am now nearly beating my benchmark by 11% since this journal began several months back. Please see attachment for detailed results. No positions changed last week, everything expires this week.

yes it does, thanks. Look forward to following

Sold to open: Nov 19 MSFT 27 @ .17 Kinda crappy premium which is why I went to the 19th, includes .20 dividend on the 15th.

Just wondering, when you say you are back to break even, is that taking into account the $100k you've presumably drawn this year (10k/month)? or your account is break even in addition to the 100k Would like to follow your journal and would like a better grasp of the accounting. Thank you.

Account value ended week at $24,699 A nice week of outperformance. Let my weekly expire on MSFT and no new position taken yet, will think about it over the weekend and do something on Monday. The premiums just aren't there anymore but it's largely because of the 20 cent dividend on the...