Monday, September 17, 2007

All About MLPs

All About MLPs Technorati tags: ,

MLPs carry large dividend yields and are involved in oil transportation.

Wednesday, September 12, 2007

Covered Call Weekly 9/12/07

Buy 100 shares of Motorola (MOT) at 17.31 for $1731. Sell a Covered Call, the October Call at 18, for $0.40 per share for $40. Short term return is 2.3%. 
If the covered call is excercised at 18, then the total short term return is $40 plus $69 equals $109, or a 6.3% return.

This is an educational series to show the income generating potential of Covered Call Writing. Please do not take this as financial advice. Options involve an increased risk of losing money than owning stock. Appropriate research about options is advised.


Current Reading List

Currently, I'm reading The Wealth of Nations (Bantam Classics), and The Art of War.



My reading list is a combination of western economic theories and eastern political theories. They're both good books to read if you're interested in business, politics, government, economics, and sociology.



Tuesday, September 11, 2007

Using Opera with Blogger

Menu>Tools>Quick Preferences>Edit Site Preferences...>Cookies>Accept Cookies only from the sites I visit

Sunday, September 02, 2007

Do the Mash (Even if You Don’t Know All the Steps) - New York Times

Do the Mash (Even if You Don’t Know All the Steps) - New York Times Technorati tags:

Programming for the people: a NY Times article on tools provided by Yahoo, Microsoft and IBM to enable users to make web programs.

Thursday, August 30, 2007

Ideal Strategy for Covered Calls

Buy a stock on a dip. Let the stock recover, and then sell a covered call.

Sunday, August 26, 2007

Covered Call Weekly 8/26/2007

Buy 100 shares of Motorola (MOT) at 30.97 for $3097.
Sell the September 2007 Call at 30 at 1.60 for $160.
One month return is 5.16%.

Covered Call Weekly 8/26/2007

Buy 100 shares of CV Therapeutics (CVTX) at 10.05 for $1005
Sell September 2007 Call at 10 for 1.25 for $125
One Month Return = 12.4%

The Golden Years: European Style: Weekend - Yahoo! Finance

The Golden Years: European Style: Weekend - Yahoo! Finance Technorati tags:

Tax havens in Switzerland, Andorra, Italy, and the UK for retirement.

Monday, August 20, 2007

Covered Call Weekly 8/20/07

Buy 100 shares of Nokia (NOK) at 29.65 for $2965
Sell one Nokia 30 call for August 2007 at 1.05 for $105.
One month return of 3.5%.

Sunday, August 19, 2007

Just Live, Baby! - New York Times

Just Live, Baby! - New York Times: "“These are the greatest athletes in the world,” John Madden once said. “They’re like artists. And if you take their creativity away from them by making them robotic, then they’re going to play like robots.” "

Greatest John Madden quote ever.

Saturday, August 18, 2007

Covered Call Weekly

Buy 100 shares of Nokia (NOK) at 29.37 at 2937.
Sell 1 September 07 contract for 100.
Return 3.4%.

Monday, August 13, 2007

Covered Call Weekly

MOT 100 shares at 16.84.
Sell September Call at 17 for 0.55
3.26% return

Sunday, August 05, 2007

Covered Call Weekly 8/05/07

100 Shares of Texas Instruments (TXN) at 33.74
Sell September Call at 35 for 1.09
Total Profit if price reaches 35 is $225 in one month on a $3374 initial investment. This is a 6.6% return.