I still have the goal of a monthly income, I still believe I can do so with Vertical Credit Spreads, and I still desire to be nerdy about it all. So here are my new Exit Rules for Yearly Vertical..
This month's Journal Entry feeds my nerdy side as I document my Cover Call Watchlist, which pulls live data from my ThinkorSwim trading platform into an Excel Spreadsheet. In addition, I will dissect my watchlist Excel spreadsheet and document how..
In this month’s journal entry’s commentary, I want to see if Microsoft's new Bing AI search engine can help me with a new Vertical Bull Put Credit Spread strategy. Table of Content Commentary - A Change In Vertical Spread Strategy..
This month's Trading Journal commentary will review a new chartable index - tracking the number of S&P 500 companies trading above their 200-Day Simple Moving Average (SMA). Below I charted the S&P over the past 20 years and annotated some..
This month, I want to revisit my Vertical Bull Put Credit Spreads’ Exit Strategy - particularly when to exit a winning position. I want to take my painful experience of last year and craft a new strategy a bit more..
The downturn in the 2022 markets began on cue – the first week in January. And by the end of that first month, I was already falling down the “Correction” rabbit hole. I am ending this year with a frustrating..
After 2022, Painful Experience will have to be approbation enough. But with a little prestidigitation, this month's journal entry intends to define my Budget, Goals, Mission Statement, and new Entry/Exit rules for 2023 - Zimzalabim! Table of Content Commentary -..
Economically, we are a Socialistically Regulated Capitalistic Economy - and we have been since the 1800s. The 14th Amendment, passed in 1868, set the stage for using Federal Regulations to implement Socialistic reforms. And, every two years, the legal citizens..
Know when to hold ’em, know when to fold ’em – and never count your money before the trade is done. The Kenny Roger's Strategy for selling Vertical Spreads gives me some cues to reading the room and avoid being..
At what point do I need to sell an ITM Spread early for a loss or just let the Option be assigned? This month's Trade Journal will revisit the Good, the Bad, and the Ugly of Options Assignments and what..