No put options met my criteria this past week so no new positions were opened. The HLT puts that I sold on August 28 hit my buy target price and that trade was closed for a 77.8% gross profit over a 19-day holding period. The table below shows my put option trades...
Put Options for the Week Ending September 04
Earlier this year, I began selling puts on US stocks as a means of increasing my portfolio value beyond that which I am achieving with tactical asset allocation using ETF's. Over the course of the past number of months, I believe I have improved my ability to select...
Tactical Asset Allocation and Options Selling
The style of investing I use is most commonly known as Tactical Asset Allocation (TAA). The majority of investors who employ this style of investing with liquid ETF's probably reallocate at the end of each month. Personally, I reallocate three times each month for a...
Improving Your Web Site At No Cost
If you have your own web site, have you ever tested for broken links? The more broken links a web site has, the lower its Google Ranking will be. I don't profess to be an expert in this field but I recently ran a test on my site and found that a number of links no...
Seth Godin: Your Competitive Advantage
Every so often, Seth Godin writes a post that hits home for me. I love this latest post of his: Are you going to succeed because you return emails a few minutes faster, tweet a bit more often and stay at work an hour longer than anyone else? I think that's unlikely....
The Impact of Noise on Trading
Besides being successful investors, what do Nicolas Darvas (author of How I Made $2,000,000 in the Stock Market) and Bruce Berkowitz of Fairholme Funds have in common? Both recognized the negative impact that noise from other traders had on their investment...
Paul Merriam on Market Timing
Trading Systems and Your Personality
Having put a tremendous effort into the development of my timers and relevant ETF trading systems, I can relate to some of the insights provided by expert traders interviewed by Jack Schwager and discussed in "The New Market Wizards - Conversations With America's Top...
Ulcer Index
I use the Ulcer Index rather than Sharpe Ratio or Sortino Ratio as a means of measuring the risk associated with my models. Information on the Ulcer Index is available at Peter Martin's site. Mr. Martin is the creator of the Ulcer Index and on his site he briefly...