While my comparison between the Senate rules and packing the Supreme Court was a bit stretched, it still will be relevant. I doubt Senators will want to substantially curtail their filibuster powers.
Hedging Market Sector Bets With ETF Options [View article]
Wow there Jay...thanks, that is helpful stuff. I as looking at it from the perspective of an individual investor who has, for the sake of analysis, 1000 shares of XLV and wants to hedge or provide for additional income.
I am aware of the shadow market for routing orders, payment for order flow, etc. Very informative to see your addiitonal information. Your points i, ii, and iii are useful but I am not sure how relevant they are to the small trader, who does not have the time/money to maintain such a network. Thats why I steered them to ETFs that have active options trading.
I have not switched to a lower commission pure options broker; but that certainly can be a helpful step.
I wrote this article because frankly, I am quite surprised at how illiquid the options are on the SPDR sector etfs! Only XLE and XLF seem to be active.
Most of my recent articles have been on option, ETFs and other technicalities. They don't get the mega hits of more popular subjects (which I might write about at other times) but they do improve my image (And SA's image too) as a researcher and research site.
The U.S. will surpass Saudi Arabia and Russia to become the world's largest oil producer by 2017 and become "all but (energy) self-sufficient" by 2030, the IEA predicts in its annual World Energy Outlook. The forecast highlights how the U.S. shale revolution is changing the energy sector, although analysts warn that the nature of shale production means that the growth the IEA predicts isn't guaranteed. [View news story]
Watch it Machiavelli! The FBI will be knocking on your door soon. And Homeland security. And the IRS. And FEMA..and God knows who else.
Why bother with terrorists blowing away US soldiers in Benghazi and Texas when ya can chase someone who hopes we could be rid of feminazis?
Obamacare Leads To Lower Unemployment? [View article]
And this issue was NEVER RAISED by Romney in the debates or any other major forum. A pathetic campiagn with pathetic results. He can join the pantheon of "apologists for being a republican" along with Dole, McCain, GWB1. Give voters a choice between a Liberal and a Liberal and they'll choose a liberal every time.
The U.S. will surpass Saudi Arabia and Russia to become the world's largest oil producer by 2017 and become "all but (energy) self-sufficient" by 2030, the IEA predicts in its annual World Energy Outlook. The forecast highlights how the U.S. shale revolution is changing the energy sector, although analysts warn that the nature of shale production means that the growth the IEA predicts isn't guaranteed. [View news story]
hahahah...never in their wildest imaginations did the envirowhackjobs think we would become self sufficient in energy by increasing SUPPLY...it was all demand management to them: specifically, trains, busses, bikes and walking for us (not themselves of course). Biggest victory for supply side economics since the Reagan years...oddly enough, in the exact same sector.
3D Systems: Has The Printer Jammed? [View article]
Much akin to the priceless articles by John Peterson about another playtoy, electric cars. Your article shows what gumshoe-research, a bit of skepticism, and accounting can do for investors.
A Rising Probability Of Recession In The U.S. [View article]
Could you go back far more than ten years in measuring the accuracy of your dividend cut indicator? We have had a grand total of ONE recession in the years highlighted on your graph. Only global warmingists draw conclusions from one data point.
"Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as securing agreement on credible deficit reduction would likely result in a rating downgrade in 2013," says Fitch, in a note titled, "No Fiscal Honeymoon for President Obama." (Moody's earlier) [View news story]
As if anyone gave a rats azz about the previous downgrade. If we get downgraded an more we'll have ZIRP on 30 year bonds.
Exxon Mobil (XOM) calls the bluff of the Iraqi government, informing Baghdad that it plans to sell its share in West Qurna-1 oilfield in the southern part of the country. It's the first time Exxon has confirmed speculation of its intention to pull out of the $50B project after it signed exploration contracts with Kurdistan, which upset Baghdad because it lays claim to the autonomous region's oil reserves. [View news story]
Give 'em hell, EXXON! We should have partitioned Iraq into 3 parts after we popped Saddam in GWII, and then divided and conquered them all into offering lowering oil prices.
The European Commission slashes forecasts across the board, seeing German 2013 GDP growth of 0.8% vs. 1.7% previously. In the U.K. -0.3% vs. +0.5% previously. It expects Spain to miss its budget deficit targets by wide margins. Greece: Debt/GDP of 177% in 2013, 188% in 2014 ... sounds about on target. The euro now lower by 0.2%, buying $1.2792. [View news story]
All Obama has to do to pay off the entire debt is to raise taxes to 100% for ONE YEAR!
Covered Spreads On The SPDR S&P500 ETF: 9 Months Of Results [View article]
I have two columns: one for the premium income, which I keep in ANY case if I let the options expire, and the "left on the table" column.
In this case, the market rose sharply and went right thru both strike prices. Thus I kept the $0.76 as income. But i delived the shares at $138 and repurchased them at $140, so I missed out on $2 of the gain. This is what I 'left on the table.'
In this article I am comparing the covered spread with buy-and-hold, just to see how it looks. I agree i need to do another comparison of covered call vs covered spread. My bad!
The Fiscal Cliff... Of 1937 [View article]
Higher Taxes On The Rich Would Barely Dent The Deficit [View article]
Guess who they come after on March 2nd.
Hedging Market Sector Bets With ETF Options [View article]
I am aware of the shadow market for routing orders, payment for order flow, etc. Very informative to see your addiitonal information. Your points i, ii, and iii are useful but I am not sure how relevant they are to the small trader, who does not have the time/money to maintain such a network. Thats why I steered them to ETFs that have active options trading.
I have not switched to a lower commission pure options broker; but that certainly can be a helpful step.
I wrote this article because frankly, I am quite surprised at how illiquid the options are on the SPDR sector etfs! Only XLE and XLF seem to be active.
Most of my recent articles have been on option, ETFs and other technicalities. They don't get the mega hits of more popular subjects (which I might write about at other times) but they do improve my image (And SA's image too) as a researcher and research site.
The U.S. will surpass Saudi Arabia and Russia to become the world's largest oil producer by 2017 and become "all but (energy) self-sufficient" by 2030, the IEA predicts in its annual World Energy Outlook. The forecast highlights how the U.S. shale revolution is changing the energy sector, although analysts warn that the nature of shale production means that the growth the IEA predicts isn't guaranteed. [View news story]
Why bother with terrorists blowing away US soldiers in Benghazi and Texas when ya can chase someone who hopes we could be rid of feminazis?
Obamacare Leads To Lower Unemployment? [View article]
Australia Is Expensive, And The U.S. Is Cheap [View article]
The U.S. will surpass Saudi Arabia and Russia to become the world's largest oil producer by 2017 and become "all but (energy) self-sufficient" by 2030, the IEA predicts in its annual World Energy Outlook. The forecast highlights how the U.S. shale revolution is changing the energy sector, although analysts warn that the nature of shale production means that the growth the IEA predicts isn't guaranteed. [View news story]
3D Systems: Has The Printer Jammed? [View article]
China Vs. U.S.: Who Is Leading The Natural Gas Transportation Race? [View article]
A Rising Probability Of Recession In The U.S. [View article]
"Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as securing agreement on credible deficit reduction would likely result in a rating downgrade in 2013," says Fitch, in a note titled, "No Fiscal Honeymoon for President Obama." (Moody's earlier) [View news story]
Exxon Mobil (XOM) calls the bluff of the Iraqi government, informing Baghdad that it plans to sell its share in West Qurna-1 oilfield in the southern part of the country. It's the first time Exxon has confirmed speculation of its intention to pull out of the $50B project after it signed exploration contracts with Kurdistan, which upset Baghdad because it lays claim to the autonomous region's oil reserves. [View news story]
The European Commission slashes forecasts across the board, seeing German 2013 GDP growth of 0.8% vs. 1.7% previously. In the U.K. -0.3% vs. +0.5% previously. It expects Spain to miss its budget deficit targets by wide margins. Greece: Debt/GDP of 177% in 2013, 188% in 2014 ... sounds about on target. The euro now lower by 0.2%, buying $1.2792. [View news story]
Covered Spreads On The SPDR S&P500 ETF: 9 Months Of Results [View article]
In this case, the market rose sharply and went right thru both strike prices. Thus I kept the $0.76 as income. But i delived the shares at $138 and repurchased them at $140, so I missed out on $2 of the gain. This is what I 'left on the table.'
In this article I am comparing the covered spread with buy-and-hold, just to see how it looks. I agree i need to do another comparison of covered call vs covered spread. My bad!
Gary
Covered Spreads On The SPDR S&P500 ETF: 9 Months Of Results [View article]