CPLP had a bearish day on less than average volume. The price movement was small but left the Stochastic and MACD indicators practically unaffected. Nothing more to really say about it at present.
EVEP had a slightly bullish day on less than average volume. The price movement was larger than the end of day change. The Stochastic indicator is practically unchanged as it's signal line contacts it. The MACD indicator still climbed but is weakening. It is my opinion that EVEP has topped out.
SLV had a bullish day on less than average volume. The price movement originated much lower and pushed it's way back up. The Stochastic indicator moved up slightly, but is in the overbought range. The MACD indicator appears unchanged. With higher-highs now becoming lower-highs, this is a definite pivot back down. With so many indicators in the overbought range, it is my opinion that my sold call option is secure from being exercised through the next option expiration.
My paper trades saw some ups today. ISPH had a 4Q financials inspired bull rally today with my "sold" call options against my shares at a strike price 70 cents over my entry, I don't see it being exercised against since the technicals have just recently dropped out of the over bought range. I perceive the stock doing no more than challenging the top. S finally broke through a declining trend line, but now has a resistance level to break through. As a result, the call options I "bought" are now indicating profit. Yesterday I "purchased" a few more call options. Of them, GLW and LEAP made profit while AUO was unchanged and GME slipped back a little. The stagnation of AUO and drop of GME seems to only be a temporary event in my opinion. I will continue to hold for now. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Tuesday, March 9, 2010
Monday, March 8, 2010
Portfolio Update
CPLP had a slightly bullish day on less than average volume. The price movement was minimal but the Stochastic indicator has slowed down it's decent some more, while the MACD indicator has increased it's incline. It is not yet the time for me to sell a call against my shares.
EVEP had a bullish day on less than average volume. The price movement was better than average as it opened with a gap up and closed even higher. The Stochastic indicator is already in the overbought range, but the MACD indicator has increased it's upward slope. The current resistance is $32.50, but it might break that before coming back down.
SLV had a bearish day on less than average volume. The price movement was negative after opening higher. With the Stochastic indicator in the overbought range and the MACD indicator at levels it has seen before and showing weakness, the ETF could be putting in a top for this run.
My paper trades appear to be going as planned now. ISPH had a bearish day, which is okay as the Call options I "sold" against the shares is becoming more secure against being exercised. S had a really bullish day, yet didn't finish as high as it had gone. However, the Call options I "bought" regained value a good amount of their value and look promising for further gains.
I am watching a few stocks to see if they are ready to be placing Puts against. A few of them are MED, DWA, and PLL. I don't think they are ready yet. I do, however, have a few Call options to add. They are GME, GLW, LEAP, and AUO. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bullish day on less than average volume. The price movement was better than average as it opened with a gap up and closed even higher. The Stochastic indicator is already in the overbought range, but the MACD indicator has increased it's upward slope. The current resistance is $32.50, but it might break that before coming back down.
SLV had a bearish day on less than average volume. The price movement was negative after opening higher. With the Stochastic indicator in the overbought range and the MACD indicator at levels it has seen before and showing weakness, the ETF could be putting in a top for this run.
My paper trades appear to be going as planned now. ISPH had a bearish day, which is okay as the Call options I "sold" against the shares is becoming more secure against being exercised. S had a really bullish day, yet didn't finish as high as it had gone. However, the Call options I "bought" regained value a good amount of their value and look promising for further gains.
I am watching a few stocks to see if they are ready to be placing Puts against. A few of them are MED, DWA, and PLL. I don't think they are ready yet. I do, however, have a few Call options to add. They are GME, GLW, LEAP, and AUO. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Friday, March 5, 2010
Portfolio Update
CPLP had a slightly bullish day on below average volume. The price movement was very small with more down than up. As a result the Stochastic indicator only slowed down a little bit, while the MACD indicator edged up slightly. I cancelled my attempt at selling a call option against my stock as I no longer see any reason to sell against it if it is moving back up at this current time. I will wait for it to pivot back down before putting in another sell order.
EVEP had a bullish day on below average volume. The price movement was generally positive, and as a result the Stochastic indicator continued to rise in the overbought range and the MACD indicator reversed into an upward direction. The pace is steady.
SLV had a bullish day on below average volume. The price movement was generally positive and as a result the Stochastic indicator pushed higher into the overbought range and the MACD indicator continued to go up. The pace seems to be slowing verses that from the end of last week until the middle of this week. My sold call option against my shares still seems secure at present. But if SLV continues to go up all the way through the April expiration of the Call option, I may be exercised against for a gross profit of only $12.20. That is pretty much break-even. Not something I am looking forward to as I would like to be able to sell another call option, to expire in July, against my shares.
As for my paper trades, another mixed bag. S had a barely bullish day, which negatively affects the value of the Call option I "own" due to time decay overpowering the gain of intrinsic value. I have plenty of time to hold onto it so I will. ISPH had a bearish day which protects the Call option I "sold" against the shares I "own". I have two more weeks to wait before I can claim the premium and the shares. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bullish day on below average volume. The price movement was generally positive, and as a result the Stochastic indicator continued to rise in the overbought range and the MACD indicator reversed into an upward direction. The pace is steady.
SLV had a bullish day on below average volume. The price movement was generally positive and as a result the Stochastic indicator pushed higher into the overbought range and the MACD indicator continued to go up. The pace seems to be slowing verses that from the end of last week until the middle of this week. My sold call option against my shares still seems secure at present. But if SLV continues to go up all the way through the April expiration of the Call option, I may be exercised against for a gross profit of only $12.20. That is pretty much break-even. Not something I am looking forward to as I would like to be able to sell another call option, to expire in July, against my shares.
As for my paper trades, another mixed bag. S had a barely bullish day, which negatively affects the value of the Call option I "own" due to time decay overpowering the gain of intrinsic value. I have plenty of time to hold onto it so I will. ISPH had a bearish day which protects the Call option I "sold" against the shares I "own". I have two more weeks to wait before I can claim the premium and the shares. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Thursday, March 4, 2010
Portfolio Update
CPLP had a bullish day on less than average volume, but only because its open occurred after a gap up and did not close below the previous day's close. The price movement did not affect the Stochastic indicators downward trajectory, but the MACD indicator continued it's upward turn to contact its signal line. Considering that my attempt at selling a call option against my shares at the current price has failed due to lack of interest. I will wait for it to gain some more value, if that is what it is doing and attempt again when it looks like it will be pivoting down again.
EVEP had a bearish day on less than average volume after opening higher. The price movement is now affecting both the Stochastic and MACD indicators. The Stochastic is beginning to stall out and the MACD is starting to turn down. I don't see the stock going up in value in the immediate future. I wish I had more skin in the game with this stock as I would sell a call option against it at the $30 level as I believe it will actually go drop below that strike price before option expiration.
SLV had a bearish day on less than average volume after opening higher. The price movement is affecting the Stochastic and MACD indicators but not drastically. The Stochastic has stalled but the MACD has only slowed down. From here it looks like it will stall out or drop for the immediate future. It is at this time that I should have sold the call option against the shares, but I will be content with the price I did sell it at and wait for the next opportunity to sell against it if it stalls out and drops as I am expecting it to.
My paper trades are looking relatively poor, with one exception. S had a down day, which doesn't benefit my Call on the stock at all. In fact, it actually negatively impacts it. The stock still looks like it is getting ready to rise and I have plenty of time on the option, so I will wait a little bit longer. ISPH had a bearish day, also. But the good news is that I have a sold call recorded against my ISPH shares. This benefits me in that the premium I sold it for continues to stay in my pocket as long as I don't "buy" it back before option expiration. The catch to that is that I am betting the value of my shares at a higher strike price that it will stay lower. I am feeling confident that ISPH will not reach the strike price I "sold" the option for. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bearish day on less than average volume after opening higher. The price movement is now affecting both the Stochastic and MACD indicators. The Stochastic is beginning to stall out and the MACD is starting to turn down. I don't see the stock going up in value in the immediate future. I wish I had more skin in the game with this stock as I would sell a call option against it at the $30 level as I believe it will actually go drop below that strike price before option expiration.
SLV had a bearish day on less than average volume after opening higher. The price movement is affecting the Stochastic and MACD indicators but not drastically. The Stochastic has stalled but the MACD has only slowed down. From here it looks like it will stall out or drop for the immediate future. It is at this time that I should have sold the call option against the shares, but I will be content with the price I did sell it at and wait for the next opportunity to sell against it if it stalls out and drops as I am expecting it to.
My paper trades are looking relatively poor, with one exception. S had a down day, which doesn't benefit my Call on the stock at all. In fact, it actually negatively impacts it. The stock still looks like it is getting ready to rise and I have plenty of time on the option, so I will wait a little bit longer. ISPH had a bearish day, also. But the good news is that I have a sold call recorded against my ISPH shares. This benefits me in that the premium I sold it for continues to stay in my pocket as long as I don't "buy" it back before option expiration. The catch to that is that I am betting the value of my shares at a higher strike price that it will stay lower. I am feeling confident that ISPH will not reach the strike price I "sold" the option for. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Wednesday, March 3, 2010
Portfolio Update
CPLP had a bullish day on less than average volume. The price movement opened above the previous close and did not put in a lower-low. At the end of the day it was up. The Stochastic indicator did not react to this, but the MACD indicator turned back up towards it's signal line. If someone would want to get in at this point, they could, but should be careful about falling below $8.50.
EVEP closed unchanged after moving both higher and lower on below average volume. After three relatively flat days with higher-highs becoming lower-highs, the Stochastic indicator is still not turning down, but the MACD indicator is. It would be wise protect one's principle and profit by either selling off or buying puts. One could also sell calls against their stock if they had enough skin in the game. I, however, do not. I will hold on to my 10 shares and continue to collect on the dividends.
SLV had a bullish day on better than average volume. The price movement had a bearish close after opening with a large gap up. As a result the Stochastic and MACD indicators continued to move up. I have a bit of concern after a stock makes a move like SLV did today. I usually see the stock either flatten out for a little or begin to pull back. With the Stochastic indicator in the overbought range, I am inclined to believe that it will be pulling back. But since it is not that deep into the overbought range, it may still make it to $17.50 before pulling back.
My paper trades were mixed today. S pulled back further today, put I believe it is only temporary. ISPH sky-rocketed today to break through a declining resistance line as well as the most recent peak. With the Stochastic indicator already in the overbought range and on the decline, I believe it to only be a temporary spike, and the recorded sale of my call option should be safe. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP closed unchanged after moving both higher and lower on below average volume. After three relatively flat days with higher-highs becoming lower-highs, the Stochastic indicator is still not turning down, but the MACD indicator is. It would be wise protect one's principle and profit by either selling off or buying puts. One could also sell calls against their stock if they had enough skin in the game. I, however, do not. I will hold on to my 10 shares and continue to collect on the dividends.
SLV had a bullish day on better than average volume. The price movement had a bearish close after opening with a large gap up. As a result the Stochastic and MACD indicators continued to move up. I have a bit of concern after a stock makes a move like SLV did today. I usually see the stock either flatten out for a little or begin to pull back. With the Stochastic indicator in the overbought range, I am inclined to believe that it will be pulling back. But since it is not that deep into the overbought range, it may still make it to $17.50 before pulling back.
My paper trades were mixed today. S pulled back further today, put I believe it is only temporary. ISPH sky-rocketed today to break through a declining resistance line as well as the most recent peak. With the Stochastic indicator already in the overbought range and on the decline, I believe it to only be a temporary spike, and the recorded sale of my call option should be safe. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Tuesday, March 2, 2010
Portfolio Update
CPLP had a bearish day on less than average volume. The price movement was a small move down after opening at the previous close. As no surprise, the Stochastic and MACD indicators continued to slide. The most recent low has been reached today and there is little to suggest it won't fall through tomorrow. The Call option I tried to sell against my stock did not go through today. I will consider a different strategy for it.
EVEP had a bullish day on less than average volume. The price movement was a small increase after opening slightly higher than the previous day's close. The Stochastic and MACD indicators continued to climb, but the MACD is beginning to suggest that the move is coming to an end.
SLV had a bullish day on above average volume. The price movement was a large increase after opening with a gap above the previous day's close. As no surprise, the Stochastic and MACD indicators continued to rise. Something of note is that the Stochastic is weakening slightly while the MACD strengthened. This is because the average of late February pull back is working it's way in. The Call option I tried to sell against my shares of the ETF was executed today. This means that I have the obligation to relinquish my 100 shares of the SLV ETF in the even that it exceeds $18. I do not believe that SLV will reach and maintain that amount by the end of the next 45 days.
My paper trades all suffered a little as both S and ISPH had bearish days. The call option I have recorded as a sale against my ISPH paper shares remains only slightly bad as the buy-back cost has not reason since it did last week. All around, an okay day. That is my option, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bullish day on less than average volume. The price movement was a small increase after opening slightly higher than the previous day's close. The Stochastic and MACD indicators continued to climb, but the MACD is beginning to suggest that the move is coming to an end.
SLV had a bullish day on above average volume. The price movement was a large increase after opening with a gap above the previous day's close. As no surprise, the Stochastic and MACD indicators continued to rise. Something of note is that the Stochastic is weakening slightly while the MACD strengthened. This is because the average of late February pull back is working it's way in. The Call option I tried to sell against my shares of the ETF was executed today. This means that I have the obligation to relinquish my 100 shares of the SLV ETF in the even that it exceeds $18. I do not believe that SLV will reach and maintain that amount by the end of the next 45 days.
My paper trades all suffered a little as both S and ISPH had bearish days. The call option I have recorded as a sale against my ISPH paper shares remains only slightly bad as the buy-back cost has not reason since it did last week. All around, an okay day. That is my option, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Monday, March 1, 2010
Portfolio Update
CPLP had a bearish day on below average volume. The price movement started higher but fell through the day. As a result, the Stochastic and MACD indicators continued to go down. The most recent low didn't get blown out so there is a possibility of future gains.
EVEP had a bearish day on below average volume. The price movement was very narrow. As a result, the Stochastic and MACD indicators continued to climb. There is a possibility of further growth and no current reason to expect a decline.
SLV had a bullish day on less than average volume. The price movement on the day was bearish after a gap up to the high of yesterday, but remained above yesterday's close. As a result, the Stochastic and MACD indicators continued to go up. The price is currently challenging resistance at $16.25, and if it breaks through has $17.50 as a target.
As for my paper trades, I have another mixed bag. S went up, and as a result my call options on it gained back some more of their value. ISPH went up, also. However, since I sold calls against my stock, the value at which I would have to buy them back went up a little. But since my sold call options are for a strike price more than a dollar above the current price, with little support to reach that level, I will let it remain in play.
I am assuming I have a good idea about how high CPLP and SLV may go in the next month and a half based on the slope of the stocks trading in the past. As a result, I am selling calls against my stock. I have put in orders for tomorrow and will update with the results in the next post. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bearish day on below average volume. The price movement was very narrow. As a result, the Stochastic and MACD indicators continued to climb. There is a possibility of further growth and no current reason to expect a decline.
SLV had a bullish day on less than average volume. The price movement on the day was bearish after a gap up to the high of yesterday, but remained above yesterday's close. As a result, the Stochastic and MACD indicators continued to go up. The price is currently challenging resistance at $16.25, and if it breaks through has $17.50 as a target.
As for my paper trades, I have another mixed bag. S went up, and as a result my call options on it gained back some more of their value. ISPH went up, also. However, since I sold calls against my stock, the value at which I would have to buy them back went up a little. But since my sold call options are for a strike price more than a dollar above the current price, with little support to reach that level, I will let it remain in play.
I am assuming I have a good idea about how high CPLP and SLV may go in the next month and a half based on the slope of the stocks trading in the past. As a result, I am selling calls against my stock. I have put in orders for tomorrow and will update with the results in the next post. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
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