Today is Friday, Oct 21. Seven of our trade positions will expire today. All of them for realized gain wins. All of our other public open positions are currently unrealized gain winners. I am currently considering providing an email address where I can provide you my 'Robbing the Market Blind' picks as they happen. All you have to do is email and say you want the free picks. I will do this free through the end of the year. My blogs will indicate those picks on a delayed basis but the email provided to you will document the picks as close as possible to the timeframe submitted. No 20-20 hindsight or after-the-fact pick selections. Fair enough?
Since JJJ blogs about me on a weekly basis, I've had a little fun needling him on his blundering idiotic no-odds-in-his-favor call on KMP. A few days ago, with KMP in the 75 range, I decided to pick up some pocket change writing naked puts on KMP's OCT 70's which were paying $18.00 per contract. The stock has gone back to over 76 and the option will expire at the end of the session today. I say this as JJJ told me I was going to lose as KMP will drop to 70 or less before end of session today.I bring this up as JJJ does this all the time. It's obvious he is not serious and likely is retired or unemployeed and is here for entertainment and fun purposes. I on the other hand, am very serious about my trades. Everyone listed here is a real life trade. The ones listed are currently all winners, realized or unrealized gains. As stated before, we'll have some losers along the way although it hasn't happen yet.
Our current Robbing the Market trades....
- On Oct 18 (KMP) Wrote naked PUT OCT 70's @ $18 per contract premium. (documented pick on blog written Oct 18). EXPIRES TODAY - RESULT IS A WIN
- On Oct 11 (MO) Wrote covered call NOV 28 @ $68 per contract premium.(documented on blog written 10/11/2011).
- On OCT 11 (MSFT) Wrote covered CALL NOV 28 @ .43 per contract premium.(documented on blog written 10/11/2011)
- On OCT 11 (T) Wrote covered CALL NOV 30 @ .22 per contract premium..(documented on blog written 10/11/2011)
- V(Visa) is currently at 91... sure winner...Oct 3 2011 (V) Sold xx Naked Puts 22OCT11 $70 @ .63 (see blog 10/05). EXPIRES TODAY - REALIZED WIN
- (WAG) Sep 28 2011 sold xx Naked Puts Jan2012 $25 @ .50. (ref: see bearMo blog dated Sep 28. WAG should be fine with the Jan 25, another winner.Recent Action
- T, AT 29.
Recent Action: (T) Sep 19 2011 sold xx Naked Puts 22OCT11 $26 @ .30. EXPIRES TODAY. REALIZED WIN
- T, position back in Aug, another winner
Recent Action: (T) Aug 31 2011 sold xx naked puts 22OCT11 $26 @ .45. EXPIRES TODAY, REALIZED WIN
- MSFT , up today (oct 21) to 27. another winner
Recent Action: (MSFT) Sep 6 2011 Sold xx Naked Puts 22OCT11 $22 at .31. EXPIRES TODAY. ANOTHER REALIZED GAIN WIN
- MSFT, near 27,, another easy winner
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. MRK at 33 today, Oct 21. EXPIRES TODAY. ANOTHER REALIZED WIN
- INTC, up to 23, should be ok
Recent Action: (INTC) Sep 14 2011 Sold xx Naked Puts Nov $21 @ 1.4
- INTC, the 16's , sure win
Recent Action: (INTC) Sep 6 2011 Sold xx Naked Puts 22OCT11 $16 @ .20 . EXPIRES TODAY. ANOTHER REALIZED WIN
- 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. EXPIRES TODAY, ANOTHER REALIZED WIN

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October 21, 2011
Edited: October 21, 2011
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