Day Trading – The Bullz And Bearz

Options Trading Keeps Me In The Green – Some Short Ideas

July 24th, 2009

Thanks to another member out there, I was reminded that although it’s been crazy during this market rally, my OPTION WRITER portfolio has done amazingly well. Not only did we have over a 4.5% return last month, but all of our SHORT PUT positions that are below the current market price have been extremely profitable for this month’s income. Honestly, I have to say that over the last 2-3 months, my options trading continues to be the backbone of my success. I’m still amazed at why so many people don’t use this strategy to write/sell options for monthly income, but I guess they have to make up their own minds. Anyways, thanks to Eric D. for bringing me back down.

 

Here are some shorts to think about. The green area is where I think these will be headed very soon.

 

ASH

 

CAT

 

GRA

 

ICE

 

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