Welcome to the page that discusses Put Options

I want to start this blog by telling you that I have no 1-800 number, I am not trying to sell you any newsletter with the next great stock idea. I am not inviting you to come to my house and view a cleaning agent. I will not try to sell you plastic bowls or any other ‘can’t miss’ ideas. I do not have any life changing secrets and I cannot promise you a flat stomach.



I am going to share with you my daily option moves and the reasons behind them. My way of trading options are of course not the only way to utilize Put Options. This is a way that I have found to be simple and easy and not as complicated as some make this business. My hope is that you can develop a steady stream of income and continue to enjoy your life.











Wednesday, November 17, 2010

I'm back

Hi all, well I'm back and diving in. With a week to go I still like using the last of the Nov puts.
I am selling AMZN puts.
With AMZN selling around 158.3, I'm selling the 150 put.
I anticipate that they will sell for somewhere around .40 at the
opening. With only 3 days of trading left and one of those is starting
off with AMZN heading up at the opening, things look good. The return is around 1.5%. As this is for three days I like it.
If you are thinking of doing any of these (or other NOV) puts. I advise you to jump in early as the time decay will be quick.
Thursday more puts will come on line for all weeklies.
Hope all of you have made some money while I was away.
It is good to be back!
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