And that quickly July is gone. Right when the market indexes had almost made up all the ground they lost in February, some big tech names stumbled. It was interesting to see a little bit of divergence emerge; staples and industrials, etc. were relatively unphased, but the “tech” sector was pretty wild. Personally I don’t… Read More Month in Review – July 2018
With the end of June we come to the end of the first half of the year. It feels like the summer doldrums are settling in and the market could be getting a little complacent. Although the volatility jitters from February haven’t completely dissipated either. I’m interested to see what happens in the second half,… Read More Month in Review – June 2018
Exactly one year ago, we put my traditional IRA account (which represents just under 10% of our liquid assets) into a “lazy portfolio” consisting of just four ETFs. It was part experiment and part demonstration that investing isn’t really that hard if you don’t want it to be. The experiment is a year old now and we… Read More Update: Lazy Portfolio Experiment
That was quick. Feels like not that long ago I was summarizing April’s results, and here we are another month in. Where does the time go? This bout of volatility that started in February hasn’t completely subsided, but it does feel as though things have quieted down a little bit doesn’t it? Don’t worry. Soon… Read More Month in Review – May 2018
This trade was actually executed on Monday 05/07/18. I didn’t get a chance to write about it until today. Please visit the core philosophies article on my investment thesis process for a deeper explanation of the components of this article. Additionally you might find my rules for trading options helpful in understanding the parameters of the trade. In… Read More Sold Cash Secured Put + Investment Thesis – DSW Inc. (DSW) – $20.00 strike – JUN 15 Expiration
April kind of sucks for the Wizard Family from a cash flow perspective. First of all, the tax bill is due. We always have a tax bill because I’m not in the business of giving the government an interest-free loan. Second the credit card statement comes due where we have to pay for our Warrior’s… Read More Month in Review – April 2018
March Madness? More like Market Madness…amirite? Okay, that was a little lame. But all this volatility sure does make things interesting. It also provides great opportunities for selling options. February was one of my busier derivatives months in a long time, but I managed to keep that momentum through March. I wouldn’t be surprised or… Read More Month in Review – March 2018
This trade was actually executed Tuesday 03/20/18. I didn’t get a chance to write about it until today. Please visit the core philosophies article on my investment thesis process for a deeper explanation of the components of this article. Additionally you might find my rules for trading options helpful in understanding the parameters of the trade. In case… Read More Sold Cash Secured Put + Investment Thesis – Johnson & Johnson (JNJ) – $125.00 strike – April 20 Expiration
Although February is the shortest month of the year, it was one of the more interesting we’ve had in a long time thanks to a pickup in market volatility. I’ve been saying for a while that it will be hard to watch the streak of high scores come to an end and sure enough it… Read More Month in Review – February 2018
This trade was actually executed on Tuesday 02/20/18. I didn’t get a chance to write about it until today. Please visit the core philosophies article on my investment thesis process for a deeper explanation of the components of this article. Additionally you might find my rules for trading options helpful in understanding the parameters of the trade. In… Read More Sold Cash Secured Put + Investment Thesis – Cracker Barrel Old Country Store, Inc (CBRL) – $150.00 strike – Mar 16 Expiration
