Seeking Alpha

Fear & Greed Tr...'s  Instablog

Fear & Greed Trader
Send Message
INDEPENDENT Financial Advisor / Professional Investor- with over 30 years of navigating the Stock market's "fear and greed" cycles that challenge the average investor. Investment strategies that combine Theory, Practice and Experience to produce Portfolios focused on achieving positive... More
My company:
My blog:
  • Call Writing Strategy Part 20 - More Income With MU 2 comments
    Mar 31, 2014 9:34 PM | about stocks: EBAY, NUAN, FCX, MU

    The March options series expired on 3/21. The (NYSE:FCX) position was not called and at the moment I will wait for a rebound in shares before I decide to sell another call against that position.. FCX pays a nice dividend so we will be compensated if the shares take a while to rebound. That position represents a perfect example of using a stock that I don't mind owning for the intermediate or long term in case the market goes against me..

    The (NASDAQ:MU) weekly options expired worthless on 3/28 and I used today's strength to sell the 4/25 weekly options @ the $24.5 strike price for $1.10.. That income adds another 4.5% to the overall investment in MU.

    (click to enlarge)

    To date the account has taken in $5,656 in the first 3 months of '14 and the total since inception on 6/5/13 is 20,814.

    This is an actual portfolio. At no time did the total amount invested exceed $100,000.

    Best of Luck to all !

    Disclosure: I am long EBAY, NUAN, FCX, MU.

    Themes: Call writing Strategy Stocks: EBAY, NUAN, FCX, MU
Back To Fear & Greed Trader's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (2)
Track new comments
  • BlueSkyForever
    , contributor
    Comments (1416) | Send Message
    nice income F&G, now you can buy more stocks : )


    (GILD) up today….making me happy.


    I'm at an all time high in my husband's retirement portfolio. Regretting not buying more during the last dip!
    1 Apr, 10:19 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4553) | Send Message
    Author’s reply » Blue,




    i like the action in (GILD) today , its relatively cheap at these levels :)
    1 Apr, 12:24 PM Reply Like
Full index of posts »
Latest Followers


More »

Latest Comments

Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.