Counting with Doug: Financing a trip to Lake Tahoe solely with blackjack winnings?

Archive for January 2012

Threading the needle

The first month of trading with my new options strategy ended with modest success, as I managed to “thread the needle,” and have the SPY stay within 2 points of itself from last Friday to this Friday: All in all, I added $450 to the bank as the weekly SPY 131 option spreads I sold […]

Market rises, Doug falls back a bit

The market’s rise to about 1310 this week meant that I absorbed a small loss on my short term SPY spreads; I sold three January 128 spreads for $2.29 last Friday, and bought them back for $3.08 today, all told a loss of $237.00. I put the position back on with weekly SPY options for […]

So far, so good . . .

In the first week of 2012……

A new year calls for a new strategy

A very Happy New Year to anyone who follows Cape Cod Doug, and I hope it will be a good one for you! Obviously, I haven’t been posting here much recently, as my work has overwhelmed me for much of the autumn of 2011, and my trading therefore ground to a halt. A preliminary review […]