Daily Archives: July 11, 2011

Roll up of covered calls

Posted on July 11, 2011 by admin

I have ITM FFIV calls that are due to expire this week.  This week’s weakness should be a good opportunity to roll up those calls to a later expiration date.  Reason: options with closer expiration dates increase or decrease in … Continue reading →

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Market outlook: long term: bullish, near term: bumpy.

Posted on July 11, 2011 by admin

Bernie Schaeffer’s montly Option Advisory Comment is my must read.  You can find this month’s here.  In summary, he is bullish for the remainder of this year. Monday Morning Outlook, and Chartadvisor.com. My advice: Monday’s market drop may be a good … Continue reading →

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Mt. Fuji, a peaceful retreat.

Posted on July 11, 2011 by admin

I am currently vacationing in Mt. Fuji, Japan.  It’s such a peaceful retreat.  Taken from the hotel balcony.  We are staying in 月秀峰 湖月Hotel，with private hot spring on the balcony looking out to Mt. Fuji and formal Japanese dinner.  The … Continue reading →

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