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Entries from December 2009

Scrooge Is Still Working Against My Covered Call Option Positions!

December 21st, 2009 · 1 Comment

In my previous post, I reported some defensive moves needed because the market condition was working against all my five covered call positions.
Today is Monday after expiry. My positions are still intact, having rolled over my short call CHT position and my Short put RCII to avoid being exercised.
I was keeping an eye on the [...]

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Tags: General

What Seasonal Glad Tidings Covered Call Option Expiry Brings?

December 19th, 2009 · No Comments

Was the December Option Expiry with Christmas Spirit or was it what Scrooge brought? I can only say: OOH, what is this market doing? All underlying shares in my positions cannot be said to in demand! Covered calls option trading is a bullish strategy, so will this malign market decimate my positions completely? See for [...]

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Tags: General