Twitter
Facebook
Sign Up

Sign up to receive free updates from the Rational Speculator.

Unsubscribe at anytime.

Sign Up

Sign up to receive free updates from the Rational Speculator.

Unsubscribe at anytime.

Twitter
Facebook

The Many Ways of Calculating Returns

Numerous trading services and newsletters inflate percentage returns by utilizing loose math or fraudulent logic which makes level comparisons difficult. I must mention a truly egregious technique employed by one popular newsletter writer to goose returns. This person sells half of a position if it doubles and then considers the…
  • September 13, 2020·
View Post

Selling a Crude Oil Strangle

Crude’s volatility has picked up making its options richer. I am taking advantage by selling November premium. I anticipate buying back the strangle for a debit which will be less than the initial credit received. This will likely be possible as time passes, volatility decreases and if the price of…
  • September 9, 2020·
View Post

Market Update

It has been a difficult trading environment. The market took off unrelentingly with some stocks going into orbit during the past few months. I like to say that trading pays the bills while investing builds wealth – so I do both. Trading requires two-sided action. Stocks like TSLA, APPL and…
  • September 3, 2020·
View Post

Rolling Gold Puts to October

Gold prices have been weak so I am rolling the puts to October to collect an additional credit while waiting for a rebound. I received an additional $15.80 per contract on the roll so the new position is Sold /GC Oct 1930P for a credit of 66.40. This trade is…
  • August 27, 2020·
View Post

Gold Looks Good Here So I Am Selling Puts

Gold prices pulled back sharply so I am taking this opportunity to increase my long exposure by selling puts. The options have a solid volatility component and futures are capital efficient so options on futures are my preferred product for this trade. Sold /GC Sep 1930P for a credit of…
  • August 19, 2020·
View Post

Selling an Iron Condor in Zoom Video (ZM)

Selling strangles in high priced stocks takes a lot of buying power. I prefer selling iron condors in these cases to conserve buying power. Zoom Video has decent implied volatility so I am selling a wide iron condor that mimics a strangle. The maximum loss would be $6,300 for a…
  • August 12, 2020·
View Post

Selling Puts in TLRY

Tilray (TLRY) is scheduled to release earnings on August 10. The stock price has dropped precipitously during this past year and the options are rich in premium so I am selling puts. The volatility component of the options should decrease after earnings so my plan is to buy back the…
  • August 5, 2020·
View Post

Buying FPX Nickel (FPX)

FPX Nickel (FPX) is a junior nickel mining company developing the Decar Nickel District in central British Columbia. This company is already one of my largest holdings, but I am buying another tranche during the share price pullback today. I will consider it an opening position in keeping with the…
  • July 30, 2020·
View Post

Selling a Corn Put

Corn has a higher volatility ranking component to its options than wheat or soybean and it is the most beaten up in price. I am selling a put to take advantage of that volatility with expectations that the price of corn will find a bid. I will keep rolling if…
  • July 29, 2020·
View Post

Selling an Unbalanced Iron Fly in GDXJ

I am interested in adding more extrinsic value to my portfolio so I am putting on this position that will benefit from time and possibly volatility decay. This unbalanced iron fly can only become a loser if the gold complex continues to climb so it is a decent hedge to…
  • July 22, 2020·
View Post

Adding a Bullish Put Spread in Amazon

I am adding a defined risk bullish trade in Amazon in anticipation of its upcoming earnings release. The stock has pulled back some in recent days so I am playing for a bounce. The maximum loss is limited to the width of the strike minus the credit received ($495 per…
  • July 16, 2020·
View Post
All posts loaded

© 2019-2020 Shoreside Advisors, LLC. All rights reserved.