This Is What Your Nightmares Say About You

Most of us nod off as our sleeping brain uses this time to make sense of our day-to-day experiences. We continue to fall deeper and deeper into a slumber as our dream world unfolds, putting us face-to-face with our unconscious fears and desires. This could manifest into a cycle of bad dreams from seeing zombies to… read more

Why Did You Do That?

Image result for confusedIn the final 30 minutes of trading today, as the monthly option cycle was coming to its end, I made one last trade for the day.

I had already surprised myself by not paying attention to the strategy I was planning to execute this morning with Marathon Oil.

I further complicated matters by actually opening 2 new positions today, something I don’t do very often to end the week, unless one of those shares is going ex-dividend to start the coming week.

I also ate into my cash reserves.

Confusing.

Add to that the final trade.

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Copyright 2017 TheAcsMan

Why Do Today What You Can Put Off Until Next Week?

Image result for delayJust a few hours ago I made a pretty good case for breaking one of my rules.

That rule was to treat individual lots of shares in a given stock as individual positions.

Doing that means selling calls on each position based upon its own strike price and profit goals.

I had my eyes on adding more shares of Marathon Oil today if it tested the $15.50 level.

With a $16.50 strike expiring this afternoon on shares that had a $15.60 break even, the idea was that if I did add more shares of Marathon Oil I would just combine the 2 lots, which happened to be of equal size and then look to sell $16 strikes on Monday. read more

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Torn Between Two Lovers

Image result for torn between two loversDoes anyone remember this song from Mary MacGregor?

It raised a few eyebrows when it came out almost 41 years ago.

Putting fantasies aside for a moment, I’m torn between two loves at the very same moment, sitting here wondering what comes next.

That wonderment isn’t unusual. There isn;yt a day, and I don’t think there hasn’t been a day that I can recall when that wonder wasn’t in abundance.

Now that rates have risen for the second time in 3 months and as it seems that there is some ambivalence about continuing that post-election rally, I’m torn between the financing goals that appeal to me the most. read more

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