Mrs Wizard and I use Capital One 360 for our joint checking and savings accounts. They pay a slightly above average APY (0.2% for checking, 1.0% for savings). That’s better than most of the big banks, but it is not all that great compared to some of the higher yield options out there. Now that… Read More How To Turn Any Bank Account Into a “High Yield” Savings Account
Happy Friday! Today is the third Friday of the month, which means the monthly options contracts will be expiring. As my brokers’ automated messaging systems have painstakingly pointed out to me every morning this week: I have options positions expiring. Let’s talk about them. GRC Put (one contract) – $25 Strike I sold this contract… Read More DGI Adventure 10-21-16 – Expiry Discussion
Today is quadruple witching day!! Happy quadruple witching!!! When in need of a meaningless story, the financial media sure likes to point out when this happens, although, I’m skeptical if it’s really that much different from any other Friday. Well for our purposes, we know that means it will be a day of reckoning after… Read More DGI Adventure 09-16-16 Quadruple Witching: Activity Summary and Expiry Discussion
Wells Fargo Opened a Couple Million Fake Accounts – Bloomberg View LOL…Still long WFC but this is pretty dumb.
This trade was actually executed on Friday 08/12/16. I didn’t get a chance to write about it until today. Again if you want the full investment thesis process, check out my first WFC trade last month. I’m simply continuing that position here. The dividend income tracker and portfolio are updated though. Dividend Cycle WFC recently… Read More DGI Adventure 08-14-16 Sold Cash Secured Put – Wells Fargo & Company (WFC) – $46.50 strike – Sept 09 Expiration
The market continues to set all-time highs. Initiating long positions in this kind of environment is just not my style. I prefer to make purchases when prices are going down. I still managed to make some moves, and overall the wet worth trend continues upwards…which is kind of the whole point right? JULY is over!… Read More DGI Adventure – 08-01-2016 Month in Review – July 2016
This trade was actually executed on Friday 07/15/16. 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. Dividend Cycle WFC should go ex-dividend early in August. I’m hopeful that it will be… Read More DGI Adventure 07-18-16 Sold Cash Secured Put + Investment Thesis – Wells Fargo & Company (WFC) – $46.00 strike – Aug 05 Expiration