Option Writers Newsletter
09:50:11 PM EDT | 03/11/2010
Another Target Hit
By Jim Brown | We were able to exit the KCI play for a nickel and free up some margin for a new play tonight.
Option Writers Newsletter
09:55:19 PM EDT | 03/10/2010
Kinetic Profits
By Jim Brown | The +$6 spike on Kinetic Concepts guaranteed us nearly 100% profit on that position.
Option Writers Newsletter
07:04:26 PM EDT | 03/08/2010
Six of Eight
By Jim Brown | We got entries on six of the eight plays and successfully closed two existing plays.
Option Writers Newsletter
11:12:03 PM EDT | 03/07/2010
Shifting to April
By Jim Brown | With the VIX at a two-year low at 17.42 the available premium on March options is nearly zero. Time to shift gears and start looking ahead to April strikes.
Option Writers Newsletter
09:53:05 PM EDT | 03/03/2010
Good Thing I Missed It
By Jim Brown | Those fat premiums on MDVN don't look nearly as appetizing today after a -67% drop in the stock at the open.
Option Writers Newsletter
02:37:35 AM EDT | 03/03/2010
Tough Day For Charts
By Jim Brown | This was one of those days where every chart you look at has possibilities bit none had probabilities. I easily looked at more than 500 charts and while I found some really interesting stocks there were none that screamed, "Buy me."
Option Writers Newsletter
10:07:08 PM EDT | 03/01/2010
Should Have Backed Up the Truck
By Jim Brown | A day like today makes you wish we had backed up the truck and written a dozen different puts at the open.
Option Writers Newsletter
06:49:24 PM EDT | 03/01/2010
MCM March Watch list
By Steven Gail | Watch list update
Option Writers Newsletter
11:20:03 PM EDT | 02/28/2010
Dust Ourselves Off and Start Over
By Jim Brown | Time to quit worrying about the past and tackle a new month
Option Writers Newsletter
11:56:09 PM EDT | 02/25/2010
Killed Our Entire Month
By Jim Brown | There are days I honestly think about retiring. Thursday was one of them.
Option Writers Newsletter
09:52:50 PM EDT | 02/24/2010
Three Out of Four
By Jim Brown | We got an entry on three of the four new positions thanks to the positive market.
Option Writers Newsletter
11:27:55 PM EDT | 02/23/2010
Extremely Painful
By Jim Brown | The stop crushing drop after the Consumer Confidence report this morning eliminated many of our positions.
Option Writers Newsletter
11:08:55 PM EDT | 02/21/2010
Reluctant Rally
By Jim Brown | Low volume is not confirming the current rally but stocks are still moving higher.
Option Writers Newsletter
10:05:50 PM EDT | 02/16/2010
Gap Higher Cut Into Premiums
By Jim Brown | Tuesday's gap higher cut into our premiums at the open and forced me to raise stops on everything.
Option Writers Newsletter
10:00:28 AM EDT | 02/16/2010
ALERT: Closing MED FEB 20
By Steven Gail | CLOSING MED SHORT FEB 20 Call $2.20 - $2.40
Option Writers Newsletter
10:12:52 PM EDT | 02/14/2010
Adding Some March Plays
By Jim Brown | The market appears reluctant to decline further although it will be a tough fight to move higher.
Option Writers Newsletter
11:47:15 PM EDT | 02/10/2010
Corrected Stop
By Jim Brown | I corrected the stop loss on TM from the prior email.
Option Writers Newsletter
11:44:59 PM EDT | 02/10/2010
So Far, So Good
By Jim Brown | No stops hit and we got a successful entry in our new short put.
Option Writers Newsletter
10:19:55 PM EDT | 02/09/2010
Short Squeezed Out
By Jim Brown | It was bound to happen eventually. These triple digit short squeezes will eventually stop out almost any position.
Option Writers Newsletter
10:00:50 PM EDT | 02/08/2010
Closing On the Lows
By Jim Brown | Friday's short squeeze did not hold and the major indexes rolled over to close on the lows.
Option Writers Newsletter
11:51:51 PM EDT | 02/07/2010
Which Way Do We Go?
By Jim Brown | The markets close on Friday and the futures on Sunday night are giving us no clues about direction.
Option Writers Newsletter
07:52:44 PM EDT | 02/04/2010
Stopped Out For a Profit
By Jim Brown | On a day with a huge market downdraft you would expect to lose some plays when stops are hit.
Option Writers Newsletter
06:08:26 PM EDT | 02/03/2010
Adding Two New Positions
By Jim Brown | The rally fizzled and the path of least resistance is still down.
Option Writers Newsletter
09:47:14 PM EDT | 02/02/2010
Another One Bites the Dust
By Jim Brown | The second day of short squeezing knocked two more positions off our portfolio.
Option Writers Newsletter
02:11:12 AM EDT | 02/02/2010
Short Squeeze
By Jim Brown | Every market decline is always sprinkled with a handful of short squeezes when you least expect them.
Option Writers Newsletter
08:57:00 PM EDT | 01/31/2010
Month Ended With A Bang
By Jim Brown | We came really close to exiting January with a profit despite the dozen of so days of high volatility and gap open markets.
Option Writers Newsletter
01:13:01 AM EDT | 01/29/2010
No Losses
By Jim Brown | One more day down and our profits are increasing with the market in decline.
Option Writers Newsletter
01:16:33 AM EDT | 01/28/2010
One By One
By Jim Brown | We lost another positions today to a stop loss but it remained profitable.
Option Writers Newsletter
09:16:26 PM EDT | 01/26/2010
Sun Shine on CSIQ
By Jim Brown | The sun shined on solar play CSIQ and we were stopped out of that position.
Option Writers Newsletter
05:47:17 PM EDT | 01/25/2010
Finally A Gap In Our Favor
By Jim Brown | The markets gapped up on Monday as Bernanke's confirmation appeared more certain.
Option Writers Newsletter
10:49:32 PM EDT | 01/24/2010
Coin Toss
By Jim Brown | Futures are up slightly Sunday night but the direction next week is as unsure as a coin toss.
Option Writers Newsletter
05:11:49 AM EDT | 01/22/2010
Flat Again
By Jim Brown | The opening drop and the very negative market took us out of both positions for a minor loss.
Option Writers Newsletter
07:47:03 PM EDT | 01/20/2010
Sell The News
By Jim Brown | The markets crashed back to support on Wednesday in a sell the news rally that was less about Scott Brown and more about bank warnings and China's halt to bank lending.
Option Writers Newsletter
01:22:22 AM EDT | 01/20/2010
A Heck of a Day
By Jim Brown | The market rallied on news out of Massachusetts over the weekend that a republican challenger was about to pull an upset of the century. Those who shorted the close on Friday were racing to close those positions.
Option Writers Newsletter
08:57:00 PM EDT | 01/16/2010
One Week Late
By Jim Brown | Too bad that market drop came a week later than we planned but as traders we know we have to roll with the punches. With two weeks left in January we have some lost ground to recover.
Option Writers Newsletter
02:57:28 AM EDT | 01/14/2010
Buyers Setting the Intel Stage
By Jim Brown | Buyers bought the dip once again and the Dow finished at a new high. The bulls were placing their bets ahead of the Intel earnings Thursday evening.
Option Writers Newsletter
09:56:19 PM EDT | 01/12/2010
Earnings Surprises Pushes Market Lower
By Jim Brown | An earnings miss by Alcoa and a warning by Chevron combined to take some froth out of the market.
Option Writers Newsletter
01:22:33 AM EDT | 01/12/2010
Are The Bulls Tiring?
By Jim Brown | After a dip at the open the rebound was not as quick and was far less certain until a buy program at the close rescued the S&P from a loss and brought the Nasdaq back from a bigger loss.
Option Writers Newsletter
11:33:28 PM EDT | 01/10/2010
The Best Laid Plans of Mice and Men
By Jim Brown | Sometimes the best laid plans fail because the scenario does not play out as expected. That is the case with the current market. The stage was set for a decline late last week but it never appeared.
Option Writers Newsletter
03:52:37 AM EDT | 01/08/2010
Tale of Two Markets
By Jim Brown | For nearly two weeks the Nasdaq held up the broader market as it posted strong gains and broke out of its bearish formation. Now the Nasdaq is taking a break and the S&P is leading the way higher on the strength of year-end retirement cash flowing into index funds.
Option Writers Newsletter
05:13:54 AM EDT | 01/07/2010
Market Struggling But Holding the High Ground
By Jim Brown | Another day with no gains but one day closer to Friday's Non-Farm Payrolls. Any day that does not end with a loss is a plus ahead of the Payroll report.
Option Writers Newsletter
00:19:35 AM EDT | 01/06/2010
Time to Prune the List
By Jim Brown | After a couple days of sharp gains on several of our watch list candidates I am going to eliminate some and adjust the targets on others.
Option Writers Newsletter
10:56:55 PM EDT | 01/04/2010
Another Fun Day In the Markets
By Jim Brown | A plus 155 Dow day after the jam job on Thursday's close. Sure glad we had downside triggers on all those lottery plays. I am really glad we did not get a big opening dip and then a +155 point rally!
Option Writers Newsletter
10:01:45 PM EDT | 01/02/2010
Rolling the Dice
By Jim Brown | The window dressers ran out of cash and weakness appeared. Is it just a dip before the normal first week fund money rally or is it a preview of things to come?
Option Writers Newsletter
02:05:01 AM EDT | 12/31/2009
Safe In Cash
By Jim Brown | The window dressers survived another day and were able to revive the indexes from their opening drop. With four hours left in 2010 their work is almost over.
Option Writers Newsletter
00:57:14 AM EDT | 12/30/2009
Time To Bail
By Jim Brown | I don't like the way the market is shaping up for Wednesday and Thursday. We had a big sell program at the close and futures are drifting lower overnight.
Option Writers Newsletter
01:33:08 AM EDT | 12/29/2009
No Stops, No Exit Targets Hit
By Jim Brown | Just another calm day in a year-end rally. We have a few days left before the fireworks start.
Option Writers Newsletter
02:43:10 AM EDT | 12/27/2009
Setting Some Exit Targets
By Jim Brown | Despite most of our positions being well above the strike prices and will potentially expire worthless I am skeptical about the current rally and suggest exiting some positions.
Option Writers Newsletter
11:09:20 PM EDT | 12/23/2009
Slow And Steady Wins The Race
By Jim Brown | Three days in a row with positive market gains. Nothing spectacular but solid gains over resistance except for the Dow.
Option Writers Newsletter
03:50:36 AM EDT | 12/23/2009
So Far So Good
By Jim Brown | It has been a good week and it is only Tuesday. Two days in a row of market gains has been about our limit lately but I am hoping this trend continues.
Option Writers Newsletter
05:22:39 PM EDT | 12/21/2009
Santa Claus Rally
By Jim Brown | You have to love a good Santa Claus rally when stocks go up for no particular reason. The Santa season historically adds around 2.5% to the S&P for the last ten days of the year, +1.5% starting on Christmas Eve.
Option Writers Newsletter
00:59:17 AM EDT | 12/21/2009
Eight Days Until 2010
By Jim Brown | With the end of December normally bullish that gives us 8 trading days to try and skim some put premiums before rolling crossing the tax year expiration date and facing a potential dip in the market.
Option Writers Newsletter
05:27:23 AM EDT | 12/18/2009
I Really Hate Mornings
By Jim Brown | The opening dip in the markets Thursday morning crushed nearly every high flyer of late. It was definitely a day where scared fund managers pulled the exit trigger in a hurry when they saw trouble looming ahead.
Option Writers Newsletter
10:27:38 PM EDT | 12/16/2009
Now For the Real Market Test
By Jim Brown | The Fed did exactly what everyone expected and we got some limited volatility with the obligatory sell off. What happens next is the real test for the market. Do we rally on the benign announcement or does the market exaggerate the Fed's worries about inflation and sell off?
Option Writers Newsletter
11:43:49 PM EDT | 12/15/2009
A Good Day in a Weak Market
By Jim Brown | After Austria nationalized a bank too big to fail the futures returned from their overnight lows and the markets rallied shortly after the open. We were successful in closing all buy one of the positions outlined in the Monday night email.
Option Writers Newsletter
03:59:35 AM EDT | 12/15/2009
Trouble In Paradise
By Jim Brown | After a decent day in the U.S. markets with the indexes closing over recent resistance the outlook for Tuesday is for storm clouds. Austria put one of its major banks on the watch list and the Euro fell sharply pushing the dollar back to six-week highs. Dollar up, futures down.
Option Writers Newsletter
03:02:51 AM EDT | 12/14/2009
Never A Dull Moment
By Jim Brown | Just when it looked like the futures were going to tank into Monday's open the news broke that Abu Dhabi stepped in with a $10 billion rescue plan for Dubai. $4.1 billion in payments due on Tuesday will be covered by the loan and there will be no default. Futures exploded on the news for a +8 gain.
Option Writers Newsletter
01:05:33 AM EDT | 12/11/2009
Gap and Fade
By Jim Brown | Another gap and fade day in the markets with crude knocked below $70 again and Fuel Systems dropping -10% on no news. Lots of stock charts fading into the close despite the indexes posting gains.
Option Writers Newsletter
07:09:30 PM EDT | 12/09/2009
Adding Another Position
By Jim Brown | The end of the day rebound off support was bullish. Futures are up overnight and expiration is only a week away. I am adding a couple more positions for the December expiration.
Option Writers Newsletter
02:59:44 AM EDT | 12/09/2009
Russian Roulette
By Jim Brown | I am going to add a couple plays for Wednesday but we are playing Russian roulette here. Futures were up +3.50 when I started this article but have suddenly fallen back to zero.
Option Writers Newsletter
11:36:31 PM EDT | 12/07/2009
No Change
By Jim Brown | The markets were unable to hold their gains today and settled back at the low end of their range.
Option Writers Newsletter
02:53:24 AM EDT | 12/07/2009
The Good, the Bad and the Ugly
By Jim Brown | The good news is that Asia did not tank Sunday night. The Shanghai Composite flirted with both sides of zero and finished up about 15 points. Not a big win but well off the lows.
Option Writers Newsletter
11:53:36 PM EDT | 12/03/2009
Officer, I Never Saw That Truck
By Jim Brown | The nearly -100 point drop on the Dow in the 15 minutes of trading came out of nowhere and was over before most people even knew it happened.
Option Writers Newsletter
02:26:04 PM EDT | 12/03/2009
Close Cameco Position
By Jim Brown | Thanks to a strong rebound in Cameco I am recommending we close the position.
Option Writers Newsletter
01:43:52 AM EDT | 12/01/2009
Finally An Entry That Was Not A Gap Open
By Jim Brown | The markets opened slightly mixed this morning and added a few points before testing support once again but it was not the major gap opens we have been seeing. We actually got some good entries and futures are positive again tonight.
Option Writers Newsletter
00:15:49 AM EDT | 11/30/2009
Going To Be An Interesting Day
By Jim Brown | Some of the shock from the Dubai news appears to be wearing off but the futures are far from exuberant. The dollar is falling again and gold prices are flat
Option Writers Newsletter
06:46:26 PM EDT | 11/26/2009
Not Looking Good
By Jim Brown | Worries over a possible default on sovereign debt by Dubai has led to large declines around the globe on Thursday. The S&P futures are currently down -24.25 points and the dollar is rebounding as a safe haven play.
Option Writers Newsletter
05:50:07 AM EDT | 11/25/2009
Dollar Imploding, Futures Higher
By Jim Brown | The dollar index imploded to 74.62 overnight but the futures are only up +5.50. Gold hit 1,180 overnight.
Option Writers Newsletter
06:00:41 AM EDT | 11/23/2009
Thank You and Here We Go Again
By Jim Brown | Dollar Index falling to support at 75 again, futures out of sight and lots of good information in the reader survey.
Option Writers Newsletter
07:57:56 PM EDT | 11/21/2009
Option Writer Reader Survey
By Jim Brown | We are looking at remodeling the various newsletters produced by Option Investor in 2010
Option Writers Newsletter
09:25:41 PM EDT | 11/19/2009
Nice Thought
By Jim Brown | Changing the stop losses was a nice thought but the opening gap lower defeated our plan.
Option Writers Newsletter
10:40:18 PM EDT | 11/18/2009
Change Stops
By Jim Brown | With one more day before expiration I am raising the stops on two positions.
Option Writers Newsletter
11:32:02 PM EDT | 11/16/2009
Uncharted Territory
By Jim Brown | The dollar traded at new 15-month lows and the markets at new 13-month highs. If we can hold this trend the rest of the week we could really get a short squeeze going.
Option Writers Newsletter
01:53:28 AM EDT | 11/16/2009
Play It Again Sam
By Jim Brown | The Dollar is imploding overnight, gold hit $1130 and the S&P futures are up +7.50. I have a serious case of Déjà vu.
Option Writers Newsletter
05:35:31 AM EDT | 11/13/2009
Beaten "Cents-less" By The Dollar
By Jim Brown | The rally on the dollar broke above prior resistance and sent the dollar index to 75.65 and well over the 74.77 of the prior day. These are major moves in the currency markets producing equal inverse moves in equities.
Option Writers Newsletter
09:59:46 PM EDT | 11/11/2009
Less Than Satisfying
By Jim Brown | The morning spike, intraday decline and closing rebound were certainly less than I expected with the futures up +9 points overnight.
Option Writers Newsletter
04:33:39 AM EDT | 11/11/2009
Ready to Rumble Again?
By Jim Brown | The dollar is plunging again and the futures are moving sharply higher.
Option Writers Newsletter
09:09:01 PM EDT | 11/09/2009
Dollar Dive Drives Stocks
By Jim Brown | The falling dollar gave stocks a lift and the Dow closed over 10200.
Option Writers Newsletter
02:02:47 PM EDT | 11/09/2009
Abort MOS Trade
By Jim Brown | There was a problem with the MOS recommendation this morning.
Option Writers Newsletter
05:17:39 AM EDT | 11/09/2009
Blast Off?
By Jim Brown | With the futures up so strongly this morning and the dollar imploding it appears we are going to blast over current resistance.
Option Writers Newsletter
02:57:41 AM EDT | 11/06/2009
Reprieve!
By Jim Brown | I feel like a condemned man heading to the gas chamber that just found out he had a stay of execution.
Option Writers Newsletter
02:39:41 AM EDT | 11/05/2009
Just Not Having Fun
By Jim Brown | Wednesday was a really strange day and it was not kind to us.
Option Writers Newsletter
04:16:10 AM EDT | 11/04/2009
Putting A Toe In the Water
By Jim Brown | With two major economic events on Wednesday and Friday I am rolling the dice on a potential play.
Option Writers Newsletter
03:41:32 AM EDT | 11/02/2009
CIT Files For Bankruptcy
By Jim Brown | CIT filed for chapter 11 bankruptcy on Sunday and the plan wipes out existing shareholders.
Option Writers Newsletter
04:00:26 AM EDT | 10/30/2009
Perfect Example
By Jim Brown | After Wednesday's close all the market reporters were doing specials on the possibility of a correction. The markets had reached critical support. Chicken Little was warming up for his featured performance.
Option Writers Newsletter
00:11:23 AM EDT | 10/26/2009
Holding My Breath
By Jim Brown | I was very glad to see our current position not lose ground on Friday. That shows great relative strength.
Option Writers Newsletter
09:35:20 PM EDT | 10/22/2009
More Fun Than A Dentist Appointment
By Jim Brown | The morning dip took us out of our remaining positions but there was no real damage.
Option Writers Newsletter
04:54:39 AM EDT | 10/22/2009
Raise Stops
By Jim Brown | There has been no overnight follow through to the market implosion just before the close but I want to be cautious.
Option Writers Newsletter
02:09:05 PM EDT | 10/20/2009
Exit FXI Puts
By Jim Brown | Time to be cautious and exit this position.
Option Writers Newsletter
03:25:09 AM EDT | 10/20/2009
Prepare For FXI Exit
By Jim Brown | The Asian markets are strongly positive again on Tuesday and I an thinking about taking profits in the FXI position before the GDP release on Thursday.
Option Writers Newsletter
03:23:20 AM EDT | 10/19/2009
Crude Higher, Futures Higher
By Jim Brown | Monday is shaping up as a positive day. The dollar is up slightly and the Asian markets are higher and the U.S. futures are higher.
Option Writers Newsletter
11:19:02 PM EDT | 10/15/2009
Bulls Still Moving But Not A Stampede
By Jim Brown | The markets managed another gain on Thursday but it was a tough battle with the Nasdaq gaining only one point.
Option Writers Newsletter
09:46:48 PM EDT | 10/14/2009
Intel and JPM Push Dow Over 10K
By Jim Brown | Everyone claimed the good earnings news was already priced in but it appears everyone was wrong.
Option Writers Newsletter
01:41:24 AM EDT | 10/14/2009
What's Wrong With This Picture?
By Jim Brown | The price of oil is back over $75 but the majority of oil stocks lost ground on Tuesday.
Option Writers Newsletter
08:23:25 PM EDT | 10/12/2009
OK, Now What?
By Jim Brown | We were triggered on 3 of the 4 positions at the opening bounce but the afternoon rollover took us back to the entry points.
Option Writers Newsletter
02:02:29 AM EDT | 10/12/2009
Holding My Nose
By Jim Brown | After a week of strong gains I am going to try to sneak in a few plays before the October options expiration.
Option Writers Newsletter
09:04:10 PM EDT | 10/06/2009
Put Down Those Torches
By Jim Brown | I see dozens of readers heading my way with torches and rope. Bar the doors Egor we are going to hold our ground.
Option Writers Newsletter
03:05:29 AM EDT | 10/06/2009
Not Having Fun Yet
By Jim Brown | The markets rallied with the Dow tacking on +112 points but the internals are telling a different story.
Option Writers Newsletter
09:43:41 PM EDT | 10/04/2009
Still Waiting
By Jim Brown | The markets declined last week as expected but I am not ready to start buying the dip just yet.
Option Writers Newsletter
06:19:07 PM EDT | 10/01/2009
No Surprise For Us
By Jim Brown | The markets imploded on the first day of October with the Dow down -2.1%, Naz -3.1%, SPX -2.6% and Russell -3.4%.
Option Writers Newsletter
01:49:42 AM EDT | 10/01/2009
Close But No Cigar
By Jim Brown | Fund managers and market makers tried hard to finish the month in the green and create a record quarter for the Dow.
Option Writers Newsletter
08:57:17 PM EDT | 09/29/2009
Tick Tock Tick
By Jim Brown | Counting down the minutes until the quarter expires.
Option Writers Newsletter
02:41:46 AM EDT | 09/29/2009
No Change
By Jim Brown | Today's rally was not unexpected with only three days left in the quarter.
Option Writers Newsletter
05:46:57 PM EDT | 09/26/2009
A Time For Patience
By Jim Brown | As we enter October it may be wise to watch from a safe distance rather than step into the potential volatility
Option Writers Newsletter
07:53:17 PM EDT | 09/24/2009
Somebody Pinch Me
By Jim Brown | Walter loses nearly $10 in only two days. Surely I am dreaming!
Option Writers Newsletter
05:08:03 AM EDT | 09/22/2009
Futures Expiration
By Jim Brown | Tuesday's pending expiration of crude futures reached out and bit us on Monday.
Option Writers Newsletter
02:15:57 AM EDT | 09/21/2009
Time For the Real Market
By Jim Brown | The witch is dead and futures are down. Time for the real market to appear.
Option Writers Newsletter
04:52:44 AM EDT | 09/17/2009
Surprise, Surprise
By Jim Brown | Amazing what a downgrade will do to a momentum stock.
Option Writers Newsletter
09:15:06 PM EDT | 09/15/2009
I Love It When A Plan Comes Together
By Jim Brown | We managed to successfully close all of our positions today and launch three new ones.
Option Writers Newsletter
03:10:14 AM EDT | 09/15/2009
The Bull Is Back
By Jim Brown | After a nasty Monday morning dip the bulls came roaring back and the bullishness was much stronger than the ending numbers represented.
Option Writers Newsletter
04:01:38 AM EDT | 09/14/2009
I Really, Really Hate Monday Mornings!
By Jim Brown | When I logged into my charts Sunday night to see the S&P futures down -10 points I was not a happy camper.
Option Writers Newsletter
10:25:58 PM EDT | 09/09/2009
Morning Gap Bites Again
By Jim Brown | The gap down open this morning bit us again with a couple stops. One was hit by a single penny.
Option Writers Newsletter
09:34:58 PM EDT | 09/08/2009
I Hate Mornings
By Jim Brown | I hate watching the market gap up a hundred points at the open and all my entry triggers hit because I know the rest of the day is not going to be pleasant.
Option Writers Newsletter
09:13:33 PM EDT | 09/07/2009
September To Remember?
By Jim Brown | Normally the month of September is remembered for its high volatility and large market declines. Hopefully this September will be remembered for moving in the opposite direction.
Option Writers Newsletter
09:44:37 PM EDT | 09/01/2009
That Is One Way To Clean House
By Jim Brown | Not exactly how I wanted to exit all those plays but we still escaped with our profits.
Option Writers Newsletter
03:49:34 PM EDT | 09/01/2009
Change TRV Stop to $48.75
By Jim Brown | I would really like to not be stopped out at the close
Option Writers Newsletter
11:49:24 AM EDT | 09/01/2009
Out With the Old, In With the New
By Jim Brown | The morning drop caused some changes to the portfolio and gave us some new entries.
Option Writers Newsletter
08:55:24 PM EDT | 08/31/2009
That Was Not Fun
By Jim Brown | The two times we have been stopped out of a number of positions over the last two months were both times the market imploded on a -5% loss on China's exchange.
Option Writers Newsletter
06:52:46 PM EDT | 08/30/2009
Waiting On The Band
By Jim Brown | Our dance card is full and we are waiting patiently for the music to start. We have a great portfolio as long as the next move is higher. Will the next song the band plays be the "Charge of the Light Brigade" or "Taps"?
Option Writers Newsletter
00:23:35 AM EDT | 08/28/2009
Time to Tighten Up
By Jim Brown | It appears the rally is losing steam and it maybe time to tighten up our stops.
Option Writers Newsletter
11:42:31 PM EDT | 08/23/2009
Nice Setup For September
By Jim Brown | We got rid of the stragglers and have a nice portfolio of great plays for the September cycle. Now all we need is for the market to go sideways or higher for the next four weeks.
Option Writers Newsletter
09:24:55 PM EDT | 08/20/2009
Clean Escape
By Jim Brown | We exited the BEXP play cleanly and without a loss.
Option Writers Newsletter
02:50:08 PM EDT | 08/20/2009
Close BEXP
By Jim Brown | It appears the momentum in BEXP has faded and I would rather exit here for a breakeven than wait and hope it returns.
Option Writers Newsletter
10:32:26 PM EDT | 08/19/2009
Opening Dip A Killer
By Jim Brown | The market dip at the open this morning caused two plays to gap down to the stop loss before the bell even quit ringing.
Option Writers Newsletter
09:43:05 PM EDT | 08/18/2009
Is It Real Or Memorex?
By Jim Brown | We got a rally on Tuesday and those that entered our plays at the open got some good fills. Most were at the high of the day.
Option Writers Newsletter
02:35:56 AM EDT | 08/18/2009
Do Over
By Jim Brown | I am actually very happy we got the implosion in the market today. That gave us some much stronger premiums and only a couple of changes.
Option Writers Newsletter
04:15:20 AM EDT | 08/17/2009
Do Not Enter New Plays
By Jim Brown | With the overnight futures in serious decline, -170 on the Dow and -19 on the S&P I do NOT want to enter any of the positions recommended in the weekend newsletter
Option Writers Newsletter
08:58:12 PM EDT | 08/15/2009
Loading The Boat
By Jim Brown | For the first round of additions for the September expiration cycle I am adding some extra plays.
Option Writers Newsletter
11:14:01 PM EDT | 08/11/2009
Exit LDK
By Jim Brown | Impending earnings and a negative outlook from iSupply suggests we cut and run.
Option Writers Newsletter
09:38:08 PM EDT | 08/10/2009
Going To Need More Plays
By Jim Brown | The market gapped down at the open and triggered an exit on Juniper.
Option Writers Newsletter
06:50:44 PM EDT | 08/08/2009
Thank You Cisco
By Jim Brown | Cisco spoiled the Nasdaq party and one of our plays.
Option Writers Newsletter
00:18:16 AM EDT | 08/04/2009
Never a Dull Moment
By Jim Brown | Two gaps on plays, one up, one down
Option Writers Newsletter
03:11:24 AM EDT | 08/03/2009
Stick With The Winners
By Jim Brown | When something is working there is no reason to change the plan.
Option Writers Newsletter
06:09:23 PM EDT | 07/28/2009
Watch List Plays Triggered
By Jim Brown | Two of the watch list plays were triggered today when the underlying dipped to the trigger price.
Option Writers Newsletter
00:25:10 AM EDT | 07/26/2009
Candidates Disappearing
By Jim Brown | The current positions in the portfolio are doing great thanks to the market rally. However, with four weeks left in the August expiration cycle the search for new candidates is becoming progressively harder.
Option Writers Newsletter
03:22:15 AM EDT | 07/19/2009
That Was Depressing
By Jim Brown | Hindsight is always 20:20. If we had known last weekend that the markets were going to explode for a 7% gain there would have been a lot more plays on the play list.
Option Writers Newsletter
07:21:03 PM EDT | 07/11/2009
New Opportunities in Oil
By Jim Brown | The market appears to be setting up for a continued decline if the earnings next week are worse than expected. This is not an environment to be writing a bunch of naked puts but there are still opportunities if you look hard enough
Option Writers Newsletter
06:48:02 PM EDT | 07/05/2009
A New Direction
By Jim Brown | The new Option Writer will have a dual focus. High return speculation and conservative cash flow.
Option Writers Newsletter
01:50:46 PM EDT | 06/23/2009
New Recommendation for July
By Robert Ogilvie | This agriculture stocks rallied with the rest of the commodity stocks as a result of money pouring back into the market.
Option Writers Newsletter
12:30:00 PM EDT | 06/10/2009
New Position Recommendation
By Robert Ogilvie |
New Recommendation for June
Option Writers Newsletter
12:30:00 PM EDT | 06/02/2009
New Position Recommendation
By Robert Ogilvie |
New Recommendation for June
Option Writers Newsletter
03:30:00 PM EDT | 06/01/2009
New Position Recommendation
By Robert Ogilvie |
New Recommendation for June
Option Writers Newsletter
03:30:00 PM EDT | 05/19/2009
New Position Recommendation
By Robert Ogilvie |
New Recommendation for June
Option Writers Newsletter
03:30:00 PM EDT | 05/14/2009
New Position Update
By Robert Ogilvie |
New Recommendation for June
Option Writers Newsletter
03:30:00 PM EDT | 05/05/2009
May Position Adjustment
By Robert Ogilvie |
May Position Adjustment
Option Writers Newsletter
03:39:57 PM EDT | 04/30/2009
May Position Adjustment
By Robert Ogilvie |
Taking profits
Option Writers Newsletter
09:37:37 AM EDT | 04/30/2009
Option Writer's Current Portfolio
By Robert Ogilvie |
Here is the May portfolio so far
Option Writers Newsletter
02:18:06 PM EDT | 04/28/2009
May Positions Alert
By Robert Ogilvie |
Making a bet on gaming stocks
Option Writers Newsletter
10:09:40 AM EDT | 04/27/2009
May Positions Alert
By Robert Ogilvie |
Scaling into the market takes patience
Option Writers Newsletter
11:37:10 AM EDT | 04/22/2009
May Positions Alert
By Robert Ogilvie |
Dripping into an overbought environment
Option Writers Newsletter
02:00:14 PM EDT | 04/16/2009
May Positions Alert
By Robert Ogilvie |
Finishing the hedge on our existing May position
Option Writers Newsletter
12:19:18 PM EDT | 04/16/2009
April Position Summary
By Robert Ogilvie |
This is the list of the positions for April.
Option Writers Newsletter
11:38:24 AM EDT | 04/14/2009
May Positions Alert
By Robert Ogilvie |
This is our first May option cycle alert
Option Writers Newsletter
10:59:24 AM EDT | 04/06/2009
April Position-Gold SPDR Update
By Robert Ogilvie |
Selling the puts into weakness
Option Writers Newsletter
03:49:03 PM EDT | 04/02/2009
April Position
By Robert Ogilvie |
EPS Implied Volatility Trade from Market Wrap
Option Writers Newsletter
11:28:35 AM EDT | 04/01/2009
April Position Update - US Oil Fund
By Robert Ogilvie |
Position alert
Option Writers Newsletter
03:02:25 PM EDT | 03/30/2009
April Position Update - US Oil Fund
By Robert Ogilvie |
Selling puts when it hit our target
Option Writers Newsletter
11:07:06 AM EDT | 03/27/2009
Portfolio Update
By Robert Ogilvie |
Here is a summary of the positions so far
Option Writers Newsletter
12:14:25 PM EDT | 03/26/2009
April Position Update - Mosaic
By Robert Ogilvie |
Hedging an existing position
Option Writers Newsletter
11:17:29 AM EDT | 03/26/2009
April Position: Verizon-VZ
By Robert Ogilvie |
We are slowly adding positions into this rally
Option Writers Newsletter
08:30:59 PM EDT | 03/24/2009
April Position Summary
By Robert Ogilvie |
We are just getting started with the positions for April
Option Writers Newsletter
11:22:04 AM EDT | 03/24/2009
New Portfolio Position
By Robert Ogilvie |
Short Oil Trade Using Options
Option Writers Newsletter
10:09:40 AM EDT | 03/23/2009
April Position
By Robert Ogilvie |
Adding high volatility plays into the mix
Option Writers Newsletter
12:40:20 PM EDT | 03/20/2009
April Position
By Robert Ogilvie |
Selling calls on GLD is a short on Gold
Option Writers Newsletter
05:12:43 PM EDT | 03/16/2009
April Option Writer Watchlist
By Robert Ogilvie |
Here is a quick list of the stocks we are looking at writing option against.
Option Writers Newsletter
02:32:40 PM EDT | 03/16/2009
Risk Management Overview
By Robert Ogilvie |
Most of you have probably read that it is common practice to know where your exits are prior to entering your position.
Option Writers Newsletter
04:55:29 PM EDT | 03/13/2009
March Position Summary
By Robert Ogilvie |
Here is a summary of where we are month to date. It is less than usual because we only did a few positions.
Option Writers Newsletter
03:15:20 PM EDT | 03/11/2009
March Position
By Robert Ogilvie |
Hedging existing puts positions with calls
Option Writers Newsletter
03:56:07 PM EST | 03/03/2009
March Positions
By Robert Ogilvie |
Adding positions to the portfolio
Option Writers Newsletter
02:44:32 PM EST | 03/02/2009
March Position Summary
By Robert Ogilvie |
This is a recap of the current positions in the Option Writer portfolio.
Option Writers Newsletter
10:59:45 AM EST | 02/27/2009
March Position
By Robert Ogilvie |
Trading the NASDAQ's relative strength
Option Writers Newsletter
09:38:35 AM EST | 02/25/2009
March Position
By Robert Ogilvie |
Closing the WYNN EPS Implied Volatility Trade
Option Writers Newsletter
03:44:55 PM EST | 02/24/2009
March Position
By Robert Ogilvie |
This is an EPS Implied Volatility Trade
Option Writers Newsletter
02:11:15 PM EST | 02/24/2009
March Position
By Robert Ogilvie |
The the market makes its first rally off the recent lows, our CMG position is extending from the 50 day moving average.
Option Writers Newsletter
12:40:16 PM EST | 02/23/2009
March Position
By Robert Ogilvie |
Slowly entering into the market takes patience.
Option Writers Newsletter
10:56:44 AM EST | 02/19/2009
March Position
By Robert Ogilvie |
We have to be very cautious and patient with the positions and Put strike prices we sell.
Option Writers Newsletter
03:35:52 PM EST | 02/13/2009
March Position
By Robert Ogilvie |
We are beginning to allocate positions for the March expiration cycle.
Option Writers Newsletter
10:38:49 AM EST | 02/11/2009
Risk Management
By Robert Ogilvie |
Risk management is an important part of trading; especially when you are trading leveraged investment vehicles.
Option Writers Newsletter
03:44:55 PM EST | 02/09/2009
Actionable Alert
By Robert Ogilvie |
Along with the positions is a suggestion to reduce some of the positions.
Option Writers Newsletter
02:36:25 PM EST | 02/03/2009
February Option Position
By Robert Ogilvie |
Allocation to the small caps helps provide exposure to the army while the big caps are the officers.
Option Writers Newsletter
02:28:14 PM EST | 02/03/2009
February Option Position
By Robert Ogilvie |
Adding energy to the portfolio in a different way.
Option Writers Newsletter
03:34:42 PM EST | 02/02/2009
February Option Position
By Robert Ogilvie |
Adding a little international exposure
Option Writers Newsletter
09:59:41 AM EST | 01/28/2009
February Option Position
By Robert Ogilvie |
Positioning into infrastructure stocks
Option Writers Newsletter
10:31:09 AM EST | 01/25/2009
February Option Position
By Robert Ogilvie |
Selling Puts on leveraged ETFs results in leveraging the risk. But higher risks result in higher premiums.
Option Writers Newsletter
10:08:49 AM EST | 01/25/2009
February Option Position
By Robert Ogilvie |
Selling puts is a bullish trade concept and usually best done when the markets are either consolidating or uptrending.
Option Writers Newsletter
03:22:45 PM EST | 01/16/2009
January Expiration Summary
By Robert Ogilvie |
Positions in the portfolio mostly held up in this week's bout of selling pressure.
Option Writers Newsletter
02:48:29 PM EST | 01/16/2009
January Expiration Summary
By Robert Ogilvie |
Today is the close of option expiration.
Option Writers Newsletter
09:42:01 AM EST | 01/12/2009
February Option Writer watchlist
By Robert Ogilvie |
working watchlist of February positions
Option Writers Newsletter
09:29:24 AM EST | 01/12/2009
February Option Position
By Robert Ogilvie |
Speculating on the Verizon/Research in Motion Storm success
Option Writers Newsletter
10:40:30 AM EST | 01/07/2009
January Portfolio Summary
By Robert Ogilvie |
Portfolio Update
Option Writers Newsletter
03:34:30 PM EST | 01/06/2009
January Positions Hedge
By Robert Ogilvie |
We are WYNNing with our Short JAN 35 Put
Option Writers Newsletter
09:55:20 AM EST | 01/06/2009
January EPS Trade
By Robert Ogilvie |
Mosaic EPS trade recap
Option Writers Newsletter
09:41:09 AM EST | 01/06/2009
January Positions Hedge
By Robert Ogilvie |
Hedging Mac World
Option Writers Newsletter
03:53:01 PM EST | 01/05/2009
January EPS Trade
By Robert Ogilvie |
Option Writers Newsletter
10:18:07 AM EST | 01/05/2009
January Positions Hedge
By Robert Ogilvie |
Selling calls against the existing puts creates a short strangle
Option Writers Newsletter
04:25:02 PM EST | 01/02/2009
January Portfolio Summary
By Robert Ogilvie |
Positions and Risk Management Summary
Option Writers Newsletter
03:17:19 PM EST | 01/02/2009
January Positions Hedge
By Robert Ogilvie |
Selling calls against the puts to hedge
Earlier newsletters:
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2006 |
2007 |
2008