Finance, Food, Fitness
Last weekend was our anniversary, and a friend had given me a Morton’s coupon earlier, so I made reservations at Morton’s.
Getting to Morton’s, like everything else in downtown Dallas, is a real pain, unless you already live there. After driving by the grassy knoll a couple of times, we figured out which side of [...]
My options sold last week, making me very little money but providing valuable experience.
Strike Price: $77
Expiration: Jun 06 (June 17th)
Options sold at: $0.25
Contract sold at: $25 ($0.25/option x 100 options/contract x 1 contract)
Transaction fees: $8.25 ($7 trade, $1.25/contract)
Cost basis (IWN): $76.20
Current stock price: $72.04
Keeping my risk low, I need to maintain a strike price [...]
Yesterday was my first day back in the water after nine months. After swimming 1,000 meters, or about 30% or a normal master’s workout, I left the pool both exhausted and dehydrated. My goal is to get back into shape this summer, when I have time to workout several nights a week as [...]
Writing covered calls on optionable ETFs is fairly low risk. You buy, or already hold, an optional ETF such as IWN. Then you write a covered call at a strike price equal or greater than your purchase price. The risk is that your ETF will rise above the strike price and the [...]
I have already gone into detail why I think ETFs in general make better choices than Mutual Funds. Recently I have come up with an additional point that has a direct financial impact.
Some ETFs are optionable and mutual funds are not. What interests me is not buying options, buy writing covered calls or [...]
One of my friends, or should I say “friends”, decided he could write some software to replace me.
while (!this.rich()) {keep_trying()}
I think he got the meat of it, but it will take at least another line of code to adequately replace me.
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