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.











Sunday, December 16, 2012

no more AAPL for awhile

Hi all. I've been pretty busy but with the holidays coming fast I am certainly slowing down. I have given up on trying to make APPLE go up. As you traders know one day up 10 then down 20 etc etc. I have closed all the AAPL options from 4 different acc'ts. Of course that means it will go through the roof. I have opened new positions in the following stocks and some of you might like to take a look for possible trades. A stock I really like is Phillips PSX Everything about it is good except that it only has monthly options at this time. But still you can get around 17% per month so worth a look. Another stock I am using is CAT, to buy the Jan 2014 87.5 and sell the 90's this week for 4.5% Also one I have started using again is GS buying the Jan 2014 115 and selling the current week 120. A negative is that there is no 122.5 strike. So if it gets moving you have to go out and up to stay ahead of it. Weekly for this week is 7% so some god money there. Another one I’m using is MCD pretty dependable. Buying the Jan 2014 87.5 selling this weeks 90 for around 3% My only other stock I’m using is VZ. I’m buying the Jan 2014 42 strike and selling this weeks 45 for 3%. VZ has lots of strikes to pick from which is nice So for anyone looking for ideas take a look at these. Good luck Jerry