The Site For Devotees Of Working From Home

We invest to earn an income to live on. To that end, it is just as important to protect the capital by minimising loss as making big profits.
If you read my previous posts you should have learned that I have 5 opened positions using a mixture of calendar put spreads, put spreads and covered call [...]

[Read more →]

In my last post, I covered my two positions of CHT and EWH. In EWH, I made a profit of $109 in 2 months, and the position closed from both side of a put spreads expired worthless.
I was able to replace it with a calendar put spread as follows:
Long 5 June 2010 $16 put
Short 5 [...]

[Read more →]

November 20th was option expiry day!
I must say my confidence for covered call option trading as a source of incoming is growing month by month!
I am very happy to say that my five opened positions except one were going according to plan. The only position that went the wrong way was the RCII calendar put [...]

[Read more →]