The play money portfolio that I have is a contratian portfolio. Getting in a trade is one thing: I base myself on oversold assets that look to be bottoming out. Sometimes I place an outright bet. Getting out is another thing. So, when to get out?
The principle and concept behind a covered call is clear to me. In theory it looks simple, so putting in in practice should be easy. Or so I thought…
Why the hell a recent stock buy? Am I not supposed to be an indexer? Maybe, I am especially in doubt at the moment. I wanted to tip my feet in the water to see how I would feel about DGI.
The oil sector is the biggest holding in my play money portfolio. Luckily, it is only in my play portfolio and not in my real portfolio. I have 2 major positions: KMI and RDS.A. How are these doing?
Having thrills and kicks in the markets is what I should avoid. And yet, I put on market timed trades. A good thing: I only do this in my play money portfolio. My core portfolio is boring as hell, like it should be. In January/February, I had some fun with the XLY tracker. And it … More XLY dances – option trade analysis
Getting experienced in option trading means that I have to learn from my past actions. The raw material is documented in my option tracker sheet. A more comprehensive story is written down so I and others can learn from it.