Just an update.
wow, what a week. Just been busy at the office and didnt really have time to post.
Talk about call options being taken out. =P Looks like I am done on the AUY and GE calls, good thing it wasnt a large percentage of portfolio.
CY saved me and basicly broke me even, slightly up for the month by playing the Calls on the way up, and the puts on the way down. Will see tomorrow if to close them out or to move it out to Feb or March Puts.
Ford covered write is doing well. BGP as a stock is holding up pretty well, still not able to be filled on the Jan 10 $2.50 calls for covered write at $.30.
Lately been playing with the forex micro account, up nicely on the account, not going to post here exactly but easily doubled.
Initial impressions.... much better and more fairly priced so makes technical analysis more sound.
As far as speculating stocks... will just keep doing the covered calls, and covered call UIT's. If there is one guarantee.... time value on options goes to $0 at expiration.
