Investing Adventures

7 contracts for a profit of $340. Ever so slightly eeked out a gain on paper overall and so we’ve gotten a new high for the portfolio! Have a great 4th of July folks and I’ll see you back on Monday!

Another rough day in the markets and yet another new high for my portfolio.  The portfolio is now up over 20% from the start of my trading, well off the 50% losses I was experiencing only a couple of weeks ago.  Today’s closing trades included profits in XL, LM, CY, and SINA with losses in […]

Sam Israel is reported to have been arrested early today.  Right now I’m trying to find out more details but it appears the news is very fresh off the wires.  For those that don’t know, Sam Israel is an ex-fund manager whom defrauded quite a few investors.  On his way to jail, he faked his […]

They weren’t kidding when they said markets generally close higher the first day of the 2nd half of the year.  I was rather disappointed at the bounce this afternoon.  It felt more forced than anything else.  In any event, I went ahead and lightened my put positions a bit by selling off a third of […]

Today looked to be a fairly mild day until about 15 minutes before the close where everything began to tank.  I’ve been running a fairly heavy negative delta portfolio so I benefited quite a bit from the last minute sell off.  I went ahead and trimmed my positions in XL and LM by a contract […]