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COOL_Club Returns
Greetings from the COOL Club Dude, I am sorry we had to take a short break but I am happy to announce that we will resume COOL_Club sessions this week. Just a reminder for those who have not attended our sessions, COOL_Club stands for Covered ...
1 message
Covered Options - Recent Action
I am new to the process of selling covered options but I have been doing a lot of reading. I was referred to the COOL_CLUB sight for additional insight and have found the presentations and discussions to be invaluable. With that, I set up an ...
2 messages
Change in This Weeks COOL Club Meeting
Hi Everyone, Unfortunately life has intervened and we will need to cancel the COOL Club meeting scheduled for this Wednesday evening. But rest assured, the COOL Dude will be back online on November 7 and will be monitoring and participating in your discussions on the ...
1 message
Selling Options Across Election Day
We've been discussing issues with selling covered options across earnings releases. We're experiencing some of the fury today. But what about our upcoming Election Day? Do you think there is reason to have similar concerns about the potential for that to have some extreme impact ...
3 messages
ALGN Puts
I sold some CSPs on ALGN this morning - before seeing Paul's e-mail (honest). After the carnage of a 25% price drop following the earnings release, and after a real quick review of the release, I didn't see anything that looked THAT bad for the ...
1 message
Recordings
Paul I have missed all the Oct meetings, and keep checking to view the recordings .Paul, I appreciate all the excellent teaching and have made some trades in the virtual account. Not sure what to do with them now though, see below. I am really ...
5 messages
RFI - Cash Secured Puts
Request for Information (RFI) on Cash Secured Puts. I've been watching a couple of stocks that I think would be good additions to my portfolio.A I'd like to add them on with CSPs.A Here is my problem - the premiums are not calculating out as ...
3 messages
Earnings Season is here
Fall is in the air, but as an investor and a Covered Options Seller what is even more fun is it is Earnings season. Who needs football or debates? This is always a really interesting time. There are opportunities to harvest but be careful. There ...
1 message
Earnings season is upon us
Paul's next Cool Club presentation will reflect on selling options during earnings season and I thought all the cool dudes and dudettes who read this discussion list would be interested in seeing a chart that shows the distribution of earnings reports by day for this ...
1 message
FAST - Called Away
Paul, I think FAST is a terrific "earning season and option trading" case study. I sold calls on my long held position with two things in mind: 1) make extra "dividends" and 2) 80% of calls expire worthless.A I also need to take the profits ...
6 messages
Sources for Option Chains with Delta and Implied Volatility
One of the questions asked during tonight's Cool Club meeting was where to find Delta. Here are two places to look. The Options Industry Council : optionsXpress : Additionally, if you hover over the word, Detail , a pop-up will display all the Greeks for ...
3 messages
Delta
I just noticed that Morningstar shows Delta & Implied Volatility information: http://www.morningstar.com/Cover/Options.aspx Theresa
2 messages
QSII Puts
Sharon, You had mentioned that you had placed some QSII Oct $17.50 puts during a recent COOL Club session, so we are tracking them on our COOL Club homepage. I just looked and they are doing well. I'm personally curious how you picked those puts ...
4 messages
Tracking Options Trades
Hi everyone, Malcolm asked me about a spreadsheet for tracking options trades. When I started thinking about it, I realized that you can actually use bivio to easily track your options trades. You wouldn't be accounting for a club, but you could track a personal ...
2 messages
Questions about opening options account...
Hi everyone, About 2 - 3 weeks ago, I started the process of getting approval for options trading at Vanguard (since we already had accounts there). To apply, I had to print a form from Vanguard's website, complete the application and mail it in (I ...
7 messages