May 4, 2013 (New to the challenge? Start here) The million dollar portfolio (or the one that is growing towards that) did manage to increase in value during the April 2013 options period. There were only two holdings during this period; one with First Solar - FSLR and the other … Click to continue
March 20, 2013 (New to the challenge? Start here) During the March 2013 options expiration period all of the holdings were in the solar sector. That may or may not have been a good thing, depending on what time frame you look at. We entered March expiration with … Click to continue
February 19, 2013 (New to the challenge? Start here) Not many transactions were made during the February expiration period. Well… only one transaction was made. The only entry in the portfolio was the purchase of 200 shares of First Solar – FSLR, which was part of a buy/write where … Click to continue
You know that a covered call is a position where you sell call options against a stock that you presently own. If you need a refresher on a covered call read this. An uncovered call or naked call, is a position that is created by selling call options when you … Click to continue
It is partial ownership in a company or corporation. For explanation purposes we will address shares of a publicly traded company. To put it plainly, owning stock lets you share in a company’s profits (and losses) by purchasing shares (or just a single share) which gives you a piece of … Click to continue
January 21, 2013. (New to the challenge? Start here) $362.00. That’s how much the portfolio increased in value since the December 2012 expiration. It may not seem like a huge amount but considering the account was just under $6,000 last month … that’s a 6% increase to the bottom line. … Click to continue