A Natural Corollary

A natural corollary to the concept of collecting crumbs, is what I used to call (and still do),  the “D’oh Trade.”

That article, in a highly edited version appeared in TheStreet.com, but the unedited version appeared in the old OTP website.

I thought that writing for TheStreet would be a great way to get followers, but I found that I preferred to write without an editor more than I wanted the followers.

But, here, it is  

Run-on sentences and all.

I’ve spent a lot of time in 2017 making those D’oh trades and those crumbs have really added up, although sometimes they do take a lot of maintenance, as well, as I look at the possibility of losing Petrobras this week at an $8.50 strike and possibly an early assignment of Abercrombie and Fitch as it goes ex-dividend, this week.

But if you own those shares and have been following those trades, stay tuned.

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Copyright 2017 TheAcsMan

Are You Too Proud to Collect Crumbs? (Reprint)

I made a trade on Friday that I didn’t report. That’s because it was for a premium of only $0.03 and was only worthwhile if you owned lots of shares, but for those into that sort of thing, here is a reprint from about 5 years ago

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It’s that time of the month again. Even males have known the feeling of that monthly visitor, at least indirectly. In that sense, males are naturally accustomed to dealing with derivatives that have predictable times of onset and expiration.

But for me and so many other traders, instead of being visited by a normal physiological event, it’s the end of yet another monthly options cycle in just a few short days. Time to see if there are any crumbs left out there just waiting to be taken. And you do have to act quickly, because before you know it those crumbs get smaller and smaller, before they disappear entirely as Friday’s closing bell hearkens.

I suppose that since I now try to find as many weekly options opportunities as possible, that third Friday of each month has lost a bit of its significance. Now its more or less like any other Friday. I’ve never had to deal with a regularly recurring and potentially disruptive physiologic event, but I can’t imagine that such disruptions on a weekly basis would be very good. But when it comes to options, the more frequent the better.

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National Dog Day Quotes And Photos 2017

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Make certain you follow H. Alan Scott on Twitter !! – TheAcsMan

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Make certain you follow H. Alan Scott on Twitter !! – TheAcsMan

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