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About Me
- Dwight Anderson, MBA
- I have 15 years experience in the financial services industry as an investment manager, stock market analyst, options trader, instructor and product developer. I have coached for many investor education companies, including Investools, Optionetics, Rich Dad and Morningstar. I have also managed many projects, productions, departments and work teams in my career. My trading background includes stocks, ETF's, options and advanced options (advanced spreads and combinations). Early in my career I managed client accounts as a licensed stockbroker. I continue to manage client portfolios as part of my work today. I am an active options trader, and the research, analysis and trading support I provide here are based on my own professional experience and my current investing activities.
I'm assuming that's a bearish play??
ReplyDeleteWait a minute a naked call???
ReplyDeleteGary, it is taking profit as he mentioned in VC.
ReplyDeleteI thought he was off VC on Wednesdays? It just seems odd that he would have bought OTM and sold with no intrinsic value. Guess I'll have to check VC schedule again.
ReplyDeleteDwight,
ReplyDeleteThis one is even better that the IWM IC that I sold you. I sold the Sept. NSC 70 call naked for 3.80. I thought you may have been doing something different. Too Funny. I figured that in this market they'll run it down in the next few days (flag?) or wait for a retest to 67.50. What are the chances of this actually continuing its breakout? We shall see...
P.S. You''l have to share this one with the other coaches at lunch.
Dwight, I know on VC you said that ANF might go to $65, but I decided to take my cookie, just shy of $63 for a .50 profit on a 60 call. I blew the 1.20 potential profit that I could have had earlier in the a.m., so I was feeling a little risk averse. Live and learn (and show some profit)!
ReplyDeleteI thought it might be the right time to reveal my identity...
ReplyDeleteTo all: I was testing an email alert with this post. We'll see if I can clean up the formatting.....
ReplyDeleteI was selling the last of my NSC calls for a nice 14% profit intra-day.