Username Password
S&P 500: 1,317.11 Change: -0.21%
DiviMo
P&P Score: 4.54   Points: -40.46   Accuracy: 59.17%   Average Pick Score: -0.45   Annual Return: -11.12% (-11.30% since 5/20/11)  

DiviMo's Blog : Current results: Oct 12, 2011

Date October 12, 2011  Edited: October 12, 2011    Comments Comments (4)    Rate this post Recommend This Post (52)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This

 Here are the transactions. Daily documented action. Also see  notes at end of this blog.


(Yesterday, wrote the following) "I am writing covered calls on MO, MSFT, and T today. MO's are the NOV 28's, MSFT  are the NOV  28's and T are the NOV 30's. I think MO and MSFT are priced high.  "


Oct 11  (MO)  Wrote call NOV 28 @ .68 per contract premium.


OCT 11 (MSFT) Wrote CALL NOV 28 @ .43 per contract premium


OCT 11 (T) Wrote CALL NOV 30 @ .22 per contract premium.


All other documented positions on this site are winners. batting 100% at the moment. Some of the put premium have dropped below .05 which I might (buy to close)  for realized profit. My broker does not charge commission for premiums on puts below .05.  This is the action  you'll get when registering with 'Robbing the markets Blind'.   See below


 


V(Visa) is currently at 91... basically an almost sure winner...


Oct 3 2011  (V) Sold xx Naked Puts 22OCT11 $70 @ .63  (see blog 10/05)


WAG at 33.45, should be fine with the Jan 25, another winner.


Recent Action: (WAG) Sep 28 2011 sold xx Naked Puts Jan2012 $25 @ .50.  (ref: see bearMo blog dated Sep 28)


 


T,  29 .. almost a sure thing


Recent Action:  (T) Sep 19 2011 sold xx Naked Puts 22OCT11 $26 @ .30


 


T, position back in Aug, another winner


Recent Action: (T) Aug 31 2011 sold xx naked puts 22OCT11 $26 @ .45


MSFT going up, another winner


Recent Action: (MSFT) Sep 6 2011 Sold xx Naked Puts 22OCT11 $22 at .31


MSFT, near 27,, another easy win


Recent Action: (MSFT) Sep 21 2011 Sold xx Naked Puts NOV $23 @ .46 (ref: see sept 21 divimo posting)


MRK, at 32.19..the 29's look solid, another win


Recent Action: (MRK) Sep 6 2011 Sold xx Naked Puts Oct $29 @ .50


 


INTC, up  to 23, should be ok


Recent Action: (INTC) Sep 14 2011 Sold xx Naked Puts Nov $21 @ 1.40


 


INTC, the 16's , easy win


Recent Action: (INTC)  Sep 6 2011 Sold xx Naked Puts 22OCT11 $16 @ .20


 


PG, love this stock, over 64, yet another winner


Recent Action: (PG) Sep 13 2011 Sold xx Naked Puts  Nov $60 @ 1.31 (see 10.5 posting)


 


KFT, up to 34.60, needs to drop over 2 points in two weeks to be a loser, not gonna happen, another winner


Recent Action: (KFT) Sep 6 2011 Sold xx Naked Puts Oct $32 @ .58


Notes:  Don't want to get greedy. I might close out some tomorrow for realized profit. I might note those tomorrow with comments in this thread. ALso tomorrow I plan to review some of the rules regarding writing puts and writing covered calls.

Tags : MO   MSFT   WAG   MRK   INTC   PG   KFT  

4 Comment(s):

Author rjm77me     Date October 13, 2011 08:13 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
EXCELLENT ACTION
CONGRATS
Author rjm77me     Date October 13, 2011 08:22 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
One suggestion - You may like to do a series of blogs about the pros / cons on naked option writing. One blog on margin requirements will help the folks who are new to writing option instead of buying.
One blog can be on covered call writing. I do not mind writing a few lines on those topics my self.
Author JoeJustJoe     Date October 16, 2011 21:08 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Yo! I realize you are Shirley ready to crapitulate on yer "short the market" stance. Why not long a couple ov old favrits that got trounced the last time you wreck-o-mended em? These 2 right cheeeya >>> Ass Smell (ASML) n Cat Sheeyit (CTSH). I'm sho you'll remember those. I'm wreckin every stock that gits crushed after you say buy has a special place in yer heart...donut? :-) 3J
Author JoeJustJoe     Date October 16, 2011 21:09 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Yo! I realize you are Shirley ready to crapitulate on yer "short the market" stance. Why not long a couple ov old favrits that got trounced the last time you wreck-o-mended em? These 2 right cheeeya >>> Ass Smell (ASML) n Cat Sheeyit (CTSH). I'm sho you'll remember those. I'm wreckin every stock that gits crushed after you say buy has a special place in yer heart...donut? :-) 3J
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links