Exit Rules for Options Archives

May 15, 2024 | May 15, 2024 Business Administration

First Contact complete: Debriefing My Five-Year Mission into The Passive Income Frontier

Space, the final frontier. These are the voyages of the Starship… uh… Longshot. Our five-year mission: to boldly explore the uncharted territories of Vertical Spreads, to seek out new income streams (and promptly watch them fizzle), to boldly lose… er,..

Dec 31, 2023 | Dec 8, 2023 Business Administration

A 5-Year Performance Review Selling Vertical Spreads (2019 – 2023)

As I recount my 5-year journey in the world of Vertical Bull Put Credit Spreads, I liken the strategy to the seductive but ultimately unfulfilling Mrs. Robinson. I shared my struggles, doubts, and moments of despair. Yet, small victories always..

Dec 1, 2023 | Dec 1, 2023 All Posts

Not So Quicken – New Schwab Accounts Download to Quicken

My Ameritrade accounts were transferred to Charles Schwab on the weekend of Nov 3. And for the better part of this month, I’ve been picking up the pieces. I felt like Carl Fredricksen in a slow slog, trudging towards my..

Markets going Ape OptionsTradesByDamocles.com

Oct 27, 2023 | Oct 27, 2023 All Posts

Why Bother Selling Vertical Bull Put Credit Spreads?

With the US deficit approaching $2 trillion this year, inflation at a gut-buster 17.5% above 2020's consumer prices, interest rates at a stifling 5.25%, expanding military involvement in the Middle East, Europe, and Asia, a dangerously polarized population, a politically..

Sep 29, 2023 | Sep 29, 2023 All Posts

Ameritrade To Charles Schwab Merger – What Should I Expect?

In this month’s Trade Journal post, I want to explore what to expect when my TdAmeritrade accounts are transferred to the Charles Schwab platform. There’s going to be a little sphincter tightening for me until the transfers are completed. Table..

Sep 3, 2023 | Sep 1, 2023 All Posts

Bidenomics Dances the Shipoopi (Bipoopinomics)

Has “Life, Liberty and the pursuit of Happiness” been supplanted with “Inclusion, Equity and the pursuit of Climate-Justice?” It seems like Bidenomics is dancing the Shipoopi with Lady Liberty - Bipoopinomics Table of Content Commentary - Bipoopiomics This Month's Market..

Jul 28, 2023 | Jul 28, 2023 Trade Trudging

Economic Outlook Supporting My 2023 Vertical Spreads

Today, the S&P 500 is only 4% away from our pre-COVID high of 4,776 – the start of all this market management lunacy. Any new Vertical Bull Put Credit Spread I open in the next couple of months will hopefully trigger..

Sep 3, 2023 | Jun 30, 2023 All Posts

Out Perform the S&P 500 – Woo-Hoo!

My CND compels me to measure my Options income to gauge whether I’m making money or wasting my time. After a year of ill-reporting my P&L, I made one minor D’oh correction. I’m now relieved to see that my Vertical Bull..

Exit Rules for Yearly Vertical Bull Put Credit Spreads

Sep 3, 2023 | May 26, 2023 All Posts

Exit Rules – Yearlys Vertical Bull Put Credit Spreads

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..

Jul 20, 2022 | Jul 15, 2022 All Posts

Ragnarok – The Progressive Economy

The Progressive movement is primarily about ushering in a socialist economy. This has been a movement for many years, and the COVID crisis gave the movement the bold opening it needed. Has the Progressive movement unleashed an economic Ragnarok? Table..