Tuesday, December 21, 2010

Sold MGM on a call

Sold MGM on a covered call. Sold the December 13 call for $1, then had to sell the shares at $13 when the stock went up to $14.34 on Friday. Now its up even further, don't know if I will be able to buy back in.

Tuesday, December 14, 2010

Jolicloud

Jolicloud is a linux variant which is very easy to install. It installs directly from Windows. After about an hour to download on a broadband connection, the installation creates a disk partition and a boot manager. The boot manager asks what operating system to start, either Jolicloud or Windows. This is a good way to keep Windows and try out Linux. Jolicloud has run well on this old Dell desktop and it looks great on a flat screen tv in the living room. Remember the user name and password that was set up in Windows. Also, remember the seperate Jolicloud online account details. After signing in completely, the home desktop has Chromium, a Chrome browser variant. Additionally, the screen contains to popular websites such as Facebook and Gmail. From an easy app directory, additional programs can be installed. However, most apps are only links for websites. Open Office is available to replace Microsoft Office. The first problem I had was the audio was muted. This was difficult to figure out but after changing the audio setting to Pulse Audio and also clicking on the audio button on the bottom. This is a design flaw, the darkened button does not look like the system is on mute. The second persistent problem I have not been able to fix is the nvidia graphics driver is not detected. This might be fixed with the new Jolicloud 1.1 update. Hulu Desktop is a good full program I hope works well after the graphics driver is supported. Overall, this is a good OS with great potential. It is very basic at this point, but gets most basic internet functions done well.

Friday, December 10, 2010

MGM covered put

MGM covered 12.50 puts are selling $30 for December, and $13 January puts are $68. These are good yields for a stock currently trading at 13.29.