December 21 Nvidia (NVDA) - Purchased Shares This was a Tier 1 trade but was a small position given the large ATR. December 22 Air Lease Corp (AL) - Shares Purchased Risk-Based Position Sizing I have been asked to demonstrate how I determine the number...
Stock Trades for the Week Ending 12/03/21
December 10 Conocophillips (COP) - Sold Covered Calls Closed Naked Puts Sometimes wild price swings work in my favour and sometimes they don't. On the option expiry date of December 03 for my BABA puts, the share price dropped by more than 8% so I had to buy...
Stock Trades for the Week Ending December 03, 2021
November 29 Tesla (TSLA) - Sold Naked Puts Marathon Petroleum (MPC) - Bought Shares This is a Tier 1 trade to which I allocated 15.8% of my US equity holdings. I paid $62.24 for my shares of MPC and set up a 5% trailing stop. Yandex (YNDX) - Bought...
Stock Trades for the Week Ending November 26
Trader Education I am currently reading Alpha Trader by Brent Donnelly. Brent's trading style is vastly different than mine but there is definitely some useful information in his book and I have no trouble recommending it if you are looking to expand your trading...
Covered Call and Naked Put Trades for the Week Ending November 05, 2021
Trader Education Richard Moglen of the TraderLion podcast interviewed long-time stock trader David Ryan recently and posted the video on YouTube. My style of trading isn't similar to David's and perhaps yours isn't either but that doesn't mean that we can't take some...
Covered Call and Naked Put Trades for the Week Ending October 29, 2021
Trader Education While browsing through the TraderLion videos on YouTube recently, I noticed the one with Dr. Eric Wish which I watched in entirety and may watch again as it provides so much valuable stock chart information for traders. Do yourself a favour and watch...
Covered Call and Naked Put Trades for the Week Ending October 22, 2021
October 19 Steel Dynamics (STLD) - Opened Covered Calls October 21 Tesla (TSLA) - Opened Naked Puts This is the fifth time that I have sold naked puts on Tesla since late July. All have closed OTM (so far). Covered Call Trade Performance So far in 2021,...
Covered Call and Naked Put Trades for the Week Ending October 15, 2021
October 11 Docusign (DOCU) - Sold Naked Puts I sold naked puts on Docusign and since I already have an open covered call trade on this stock, I now have established a covered strangle. October 15 Medtronic (MDT) - Opened Covered Calls SPY - Opened Naked...
Covered Call and Naked Put Trades for the Week Ending October 08, 2021
October 04 Salesforce (CRM) - Opened Naked Puts Share prices of Dropbox and Capri Holdings had fallen enough to put my trades in the losing category and I chose to close them early. Dropbox (DBX) - Closed Covered Calls Capri Holdings (CPRI) - Closed...
Covered Call and Naked Put Trades for the Week Ending September 24, 2021
September 21 Closed Covered Calls On the monthly option expiration day of September 17, three of my call options expired in the money and the shares were called away from me. Those calls for AUPH, AMAT and ADSK produced excellent annualized trade returns of 200%, 80%...