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Tuesday, July 31, 2012

September SPY Bear Call Spread

SELL 16 SPY September 145 Call (@0.70)
BUY 16 SPY September 147 Call (@0.38)

Saturday, July 28, 2012

Weekend Portfolio Analysis (07-28-2012)

A very interesting week in the US markets where most traders, newsletters, information sources etc seemed to be bearish and the market, as usual, did contrary to what was mostly expected. The week started in a low note following the negative session last Friday. That plus all the pessimism in the world economy right now and the comparison with last year's summer that most traders seemed to be making had most specialists looking at the Bear side. Then Thursday and Friday came really strong fooling more than one out there and the S&P500 ended the week with a +1.8% performance.

Wednesday, July 25, 2012

Portfolio Beta Weighted

During my usual Weekend Portfolio Analysis articles you have probably seen me doing a Portfolio analysis where all the positions in the portfolio are combined in a single profit picture. This is done by using the Beta Weighting feature of the ThinkOrSwim platform. Today I want to talk a little bit more about what Beta and Beta weighted portfolio mean, and why it is advantageous to do this type of analysis.

Tuesday, July 24, 2012

August RUT Credit Put Spread

SELL 3 RUT August 700 Put (@3.60)
BUY 3 RUT August 690 Put (@2.75)

Monday, July 23, 2012

Weekend Portfolio Analysis (07-23-2012)

Back from a much needed relaxation time with the family in the US. The two positions on the July portfolio expired worthless last week for full profit.

Thursday, July 12, 2012

Down to the US for a week

Folks, I'm flying to the US tomorrow and will be off the entire next week. That being said there won't be a "Weekend Portfolio Analysis" article this weekend. I'll be back on Canadian soil on Sunday 22. But, before leaving, just a quick wrap up on how the portfolio is doing, and plans moving forward with the already open trades.

Sunday, July 8, 2012

Weekend Portfolio Analysis (07-08-2012)

The first position of the August portfolio was opened on Tuesday. A RUT 860/870 Bear Call spread, based on the fact that markets tend to be slow during summers, and specially bearish on August historically speaking. Plus the fact that in order for this position to be a loser RUT would have to break the High of the year at 847.92 by a good margin.

Tuesday, July 3, 2012

August RUT Credit Call Spread

SELL 3 RUT August 860 Call (@3.20)
BUY 3 RUT August 870 Call (@2.00)

Sunday, July 1, 2012

Weekend Portfolio Analysis (07-01-2012)

What a busy Sunday here in Toronto! We have the Canada Day celebrations, Gay Pride, and on top of that the final of the Eurocope 2012. What am I even doing blogging?