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.











Monday, September 26, 2011

I'm Home

Hi all, I have been in California for several reason. One was a high school reunion and the other was some business deals. No big story or other results at this time.
Sorry that I was unable to contribute to the blog for a while. I see many were worried that NFLX had hurt me etc.. Believe me I have not had NFLX for several months. I haven’t even looked at them for ?? No idea where anything but AAPL is trading. I know that I, and many preach diversification but I have only AAPL positions. I am spread over many different strikes and have some 2012 & 2013 calls. I’ve also sold both monthly and weekly calls on these. I am of the opinion that AAPL is probably the best stock in America at this time. So I am riding the coattails of this powerhouse.
I have received many questions as to my where-bouts.. So sorry for not being able to respond. It has been a hectic week or two. I will be back on line and looking forward to adding to the blog. You guys have seemed to progress so far that I am amazed at the interesting positions you have opened and the insight used to figure the returns and the up an downside possibilities.
Tonight I will review the complete blog and tomorrow I can answer any questions or help with ideas.
Good to be home. Thanks for all the best wishes etc.
Jerry

Wednesday, September 7, 2011

Some ideas for this week

Hi all; I just opened some new positions that seem safe.
I did a put spread on AAPL. AAPL trading at 382.3
I bought to open the 9/9--360
I sold to open the 9/9--365 for .11
that gives over 17 pt cush, with more or less 2 days to go. A ROI of +2%
I also did the same type spread with V, trading around 87.5
I bought to open the 9/9--80
I sold to open the 9/9--82.5 these were done for a credit of .05 = ROI of 2%
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There seems to be some good late week trades out there.