The last few days have been testing the upper limits on our calls.  The nice thing about selling options and having a longer term object in mind is that if the Dec options are closing in the money and have a…

We had a very strong move upward in the stock market today.  It prompts an adjustment in our trade call. I am buying back the ES 1250 put for 1.5 pts and then selling the ES 1300 put for 4.5…

For the Dec ES short option trade I am calling the 1425 calls and the 1250 puts each with a premium of 3.5 pts or a total premium of 7 pts and a value of $350 per $10,000 in account. …

Find your favorite retirement calculator and see this amazing number. Regardless of your retirement age you choose, take your expected dollar value you have saved and no matter how many years you want to plan for withdrawls, if you make…

Experience shows that about 2 times per year the markets get especially volatile and while this will increase the premium value and create higher potential returns for us, it is also a time to be cautious.  Add to this the…

I had only booked the profit last month at 5 pts, so the Oct trade accounts for itself on it’s own merit. The total premium for Oct was then 20 pts, and the cover cost was 3.3 pts for a…

There has been volatility this month but well within our risk range and we never had any trouble.  Recall we did roll into this month with our September call being in the money when we closed it out, so there…

Covering trade with a small win, had 16 points premium and call ended up in the money which while writing calls means it is a cost item, so I roll into October with the 1460 call at 11, which is the cover price…

Selling the September 1440 calls for 8 and the September 1300 puts for 8. The August premiums are currently too small on the call side, so there may be an additional trade before these contracts expire.