Entries Categorized as 'Mistakes'

OptionsXpress major goof

Date March 5, 2008

Came across the OptionsXpress Put Ratio Explanation just now… see anything funny?

Most people would say it is on the riskier side, with limited reward. And oh - unlimited loss (well, down to 0 anyway). Someone should fix that!

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Popularity: 4% [?]

Back to this blog…

Date March 5, 2008

I’m going to try and work on this blog a bit more.. Took a long break, driven in part by a big loss in capital from getting too aggressive, too early. I’m back in the game though now, and have had profitable months ever since. In a later post I’ll talk in detail about what […]

Popularity: 3% [?]

Burnt by the RUT

Date August 2, 2007

I’ll count this as a lesson learned.
If you trade any of the cash settled index options (RUT, SPX, NDX, etc) a little known fact is that the settlement price at expiration is not the value of the index at all. That’s what happened this past Friday. The RUT opened in the high 820s, and closed […]

Popularity: 8% [?]

Closed GM - 12% but a scare

Date May 15, 2007

I closed GM yesterday for .2 - but Friday it was sitting at .8 after GM fell through resistance. I feel lucky that Chrysler announced they were selling today, which boosted all the American car manufacturers, sending GM above 30 to 31. Today it is over 31 and climbing, but I’m glad I got out, […]

Popularity: 3% [?]

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