market volatility

Exxon Stock Trade Idea For Third Week of April 2013

, , Categories: Exxon Stock (XOM), Stock And Option

Exxon Stock Trade Idea For Third Week of April 2013

Exxon Stock remains highly volatile and I have had some excellent trades these past three months. Exxon Stock trades on New York under the symbol XOM. XOM Stock is a member of the DOW 30. As next week approaches my $87.50 and $85 puts for April 20 look set to expire. I am probably going to close my April 20 $85 puts as soon as they fall below 5 cents which I expect on Monday as I am hoping to sell puts on the 18MAR13…

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Put Selling After August Options Expiry For More Profits

, Categories: Selling Put Options

Put Selling After August Options Expiry For More Profits

August options expiry today was excellent. As readers know, Put Selling is my main investment strategy. My naked puts in T Stock for Aug $34 expired leaving me with only 5 naked puts into September. My Clorox Stock August $65 naked puts expired. My XOM Stock August naked puts for $77.50 and $80 expired and I have a handful of naked puts for September options expiry at $82.50 but I will be closing them for pennies soon I’m sure as XOM stock stays strong. Intel…

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SPDR 500 ETF – Hedging With Options Using The SPY PUT

, , , , Categories: Editor's Picks, SPY PUT (SPY)

SPDR 500 ETF – Hedging With Options Using The SPY PUT

SPDR 500 ETF when it was first introduced in 1993 delighted me as within weeks of paper trading I realized that it offered the very best means for hedging with options using the SPY PUT. At the outset of using the SPDR 500 ETF I made lots of mistakes as I tried hedging with options. I bought both spy calls and spy put options depending on the market direction as I tried to time the market and benefit from either direction. When the market trended…

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Market Timing Indicators Show Market Direction Sliding

Categories: Stock Market Outlook

Market Timing Indicators Show Market Direction Sliding

Market timing technical tools since April 10 have not supported the idea that stocks can rally to new highs in the present environment. Instead market timing indicators have continued to show weakness in stocks and market direction lower. Today’s downturn in stocks continues to confirm my market timing technical indicators that reflect weakness in the stock markets. However leaving the market timing indicators aside, it is surprising how many large cap stocks that I follow, continue to trade in very tight ranges. This shows that…

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Exxon Mobil Stock – Selling Puts By Stock Charts

, , Categories: Exxon Stock (XOM), Stock And Option

Exxon Mobil Stock – Selling Puts By Stock Charts

Exxon Mobil Stock remains highly volatile and as such keeps popping back up in my portfolio. Today (Nov 1) I took advantage of the volatility in oil and sold two sets of put contracts on Exxon Mobil stock. Exxon Mobil stock on October 4 2011 hit an intraday low of $69.21 and by Oct 27 it had risen to $82.20 before closing at $81.88. This is a move of 18.7% in Exxon Mobil stock. That move more than beat the move by all three indices…

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Market Direction – Range Still Holding

, , , Categories: Stock Market Outlook

Market Direction – Range Still Holding

Today’s action was interesting to say the least. Friday’s market pullback picked up steam right from the opening. However while European markets are being trounced almost daily, the US Market is hanging tough. I believe there is a lot more happening in this market than many investors are aware of. The latest chart which you can see below, shows that the market is still in a range. Since August 8 the market has hung tough and actually appears to be trying to move higher. The…

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Coca Cola Stock – High Volatility Increases KO Options Values

, Categories: Coca Cola Stock (KO)

I watched a number of my favorite stocks, including Coca Cola Stock yesterday. The market collapse didn’t push Coca Cola options as high in premium as I wanted. Today though was a very different story. The enormous wide swings in the market pushed down KO Stock and KO Options gained dramatically. I came close to selling the KO Options for September $62.50 as they climbed to $2.10 or 3.3% in value for 1 month. But after 35 years of investing in some pretty wild markets,…

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YUM STOCK – Back To Selling Yum Put Options

, Categories: Yum Stock (YUM)

YUM STOCK – Back To Selling Yum Put Options

With Monday’s bear market collapse I am glad to welcome YUM Stock back to my US Portfolio. As long term readers might recall, in May of this year I sold puts on YUM stock and when they expired I indicated that YUM was over valued in my opinion and I would discontinue selling puts until the stock pulled back. Well the stock has fallen over the past sessions and with today’s market collapse it is below $50.00. This makes for an excellent put trade and…

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