There are many aspects to trading options and it can be extremely confusing for someone starting out. Just understanding the option terminology is difficult. Remember, a put option is the right to sell the stock at the strike price, and a call option is the right to buy the stock at the strike price!...
Read More »

A covered call is an option combination trade which involves buying the stock, and selling a call against that stock. One purpose of a covered call is to earn extra income and enhance the return on the stock. The downside to a covered call is...
Read More »

How to trade a covered call, also referred to as a “buy write”? The covered call trade involves,  buying the stock and selling one call option, against every one hundred shares that is owned. Let us use Microsoft stock just as an example. If we were to buy 100 shares of stock in Microsoft,...
Read More »

It is always fun to look at someone else’s portfolio of stocks. Some people read the Form N-Q of their favorite mutual fund and try to figure out which stocks to buy. Today a friend of mine emailed me the list of stocks he is holding. He told me he reads Zacks regularly and gets his investment ideas from...
Read More »

2011 Top 10 Wall Street Gift Ideas List – Part 2 Here are some gift ideas for the trader or wall street banker you love so much. The list is in no particular order. Click the pictures for more details. 5. A year supply of coffee Not another coffee machine! 4. For the currency...
Read More »