Friday, January 18, 2008

Priceline Rebound

February 7, 2003
Priceline $1000 at $7.50 per share
January 17, 2008
$89.63 per share
Initial Investment = 997.5
Shares Available = 133
Final Investment Value = 11884.88
Total Profit = 10887.38
Percent Return = 1091.5


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Tuesday, January 15, 2008

Options Profit Analyzer

Options Profit Analyzer
Calculates several variables in option prices including intrinsic values and premiums. Calculates profits for puts and calls.

Friday, December 21, 2007

Insider Trading at Google

Insider buying is usually regarded as a sign of confidence in the company. Only one insider has ever bought shares in Google (GOOG) in the history of public trading. George Reyes bought 75 shares in October, 2005. The price has been increasing since the IPO, and it difficult to buy. Most insiders are probably diversifying their investments out of Google stock.

Sunday, December 02, 2007

Congratulations to the 2007 Boston Red Sox

The Boston Red Sox won the 2007 World Series. With the Yankees tying up most of their money in Alex Rodriguez for the next ten years, in a record setting $275 million dollar contract, the Red Sox can probably win a few more over the next few years. A-rod will be in his 40s when the contract ends, and the Yankees will probably miss out on younger talent due to his contract.

Authentic Ted Williams throwback jersey from Mitchell and Ness.
Boston Red Sox 1939 Home Jersey - Ted Williams

Saturday, October 20, 2007

Amazon.com: Mechanical Turk: Amazon Web Services

Amazon.com: Mechanical Turk: Amazon Web Services

Split up your work amongst many people. Amazon's service lets you post small jobs, and people on the internet can decide to do it.

Monday, October 15, 2007

Covered Call Income Calculator

Covered Call Options Calculator
Calculates profit from selling covered calls. Takes into account option strike price, option market price, expected price of stock, and cost per share. Calculates income in terms of yield generated from selling a covered call. Calculates profit both from selling at the strike price or another price.
Calculates what happens when the covered call expires with the stock price above or below the strike price. Covered calls can generate up to 7 percent monthly returns. Over the course of the year, they can gradually create good returns, sometimes beyond 20 percent annual returns.


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TradingSolutions: Financial analysis and investment software that combines technical analysis with neural network and genetic algorithms.

Monday, October 08, 2007

Covered Calls as a Hedge Against Losses

     Covered calls can be sold at a lower price than the current trading price of the stock; this will allow the buyer to not lose capital if the stock price drops. For example, Nokia (NOK) is trading at 36.29 today. A covered call at 35 can be sold for $1.75 per share for a 100 shares. This not only gives the owner a $50 premium, it also gives the trader protection if the price drops below 36.29. Basically, the owner is protected from loss from 36.29 down to 35. 
     Selling a covered call at a lower price offers protection in that security
up to the lower price.  The disadvantage occurs if the price of the stock goes up, since the owner loses any chance of gains beyond his entry point.

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

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