I have been sitting with about $7500 dollars in the money market in my account with BJ. That represents about 10% of the value of the account. I felt that was justified since I had written the April put at 50 on CNI(Canadian National Railroad) and I thought I was going to be assigned on [...]

Now, that my call position on Eaton has expired worthless, I decided it was time
to write new calls for more money. Therefore, I sold the July call at 75 on
Eaton inside my Roth IRA. I received a $1.65 per share for these calls. I sold
one call contract for every 100 shares of Eaton that I [...]

With Apache under 104 per share and being short the March call at 120, I am thinking that my call position is going to expire worthless.
Therefore, I sold the July call on Apache with a strike of 120 to open my
position for $2.50 per share. These calls were sold to open my position. I sold [...]

Yesterday after the closing bell, First Solar announced their 2nd Quarter
results. The company’s earnings met analyst expectations but revenue during the quarter failed to meet expectations. Earnings were up 55% from last year. You can look at the following URL for more information:
http://www.forbes.com/feeds/ap/2009/10/29/business-industrials-us-first-solar-mo\
ver_7063545.html. The market reacted by sending the price of First Solar stock from [...]

Today, I sold the Jan. 2011 put with a strike of 35 on Exxon Mobil. I sold these contracts at $0.80 per share. The US economy remains weak and I am looking for further declines in the dollar. The majority of Exxon Mobil’s earnings are outside the US. Therefore, as the dollar declines, [...]

Well back in March the stock market was not looking so good. Therefore, I sold
the January 2010 call on the Diamonds with a strike of 90. You can look at post
number 168 for the details. Since that time, we have had a nice rally. Many of
my stocks have appreciated significantly and several short put positions [...]

Your stock watch list is a list of stocks that you will review on a daily or weekly basis looking for potential trades. I showed you how to find the best stocks to buy…

Most free option trading newsletter’s I’ve signed up for are garbage. They provide poor content and then try to sell you a product. There’s a reason for this and I’ll share that with you and more…

I’m writing this on the fly…Tonight is the night where you will have the chance to sign up for the option trading newsletter Trading Insight.
I have to attend my nephew’s birthday party so I’ll have to upload the page sometime tonight when I return.

For several weeks now in our Volatility Tracker we’ve noted the persistence of a premium in longer-dated VIX futures versus the front-month contract and especially the spot VIX. Historically, divergences like these have resolved in favor of the futures price rather than the spot VIX price, which has tended to correlate with a decline in [...]