There are so many sayings and expressions around the concept of hope.
The most recent, and the one that was identified with a successful Presidential campaign, was “Hope you can believe in.”
“Keep hope alive,” was a rallying point of Jesse Jackson and chanted at some many venues.
“Hope is not a strategy,” is something that’s frequently said when it comes to investments.
For me, I was just hoping to get more trades done today.
I did keep the streak for 2017 alive by making a trade today, but there were so many that I wanted to see made today.
Why that matters is that my 2017 strategy has, thus far, been more of a “hit and run” one.
I want to sell as many calls as I can, especially on non-performing holdings, at whatever strike I can in order to generate some meaningful income revenue.
This week, following the end of the January 2017 option cycle, I have lots of those non-performing positions. read more