OldFarts Futures and IRA Trading Journal

Another $0.701 dividend coming up on 12/21

 

Decided not to trade last night because I thought the markets moved way too much during the day.
BIG mistake.

Dollar plunged at 6 EST, which caused gold to surge, and all other currencies with it.

 

My BTI options collar should be worth around $231 this morning.
I think I'll close it out early this morning, and put on another one later today.
Dividend coming out on 12/21...I'll keep holding this stock.

 

grabbed some shares of EARN for the IRA
I'll protect with an options collar tomorrow

 

Meh...made a few bucks on the tiny bounce for gold



So around $250 today

 

Not the best trading day I've had, but a green day is a good day
I hate scalping for small amounts, but on days like today, it's about the only thing I can do.....so far.

Of course, while I was typing this, I missed a $600 profit on gold

 

Picked up 900 more shares of EARN.
Next divi, I'll get $80 per month, or $960 per year in divi's. ( they just paid out today )
Still haven't protected the 900 shares with put options today...I'll see if there's a better opportunity tomorrow to get some protection.

 

I got the worst luck...wake up at 4:00 AM, watching copper in a range bound move, so I'm waiting on a break out or break down.
Go to make a cup of coffee, and a nice break out happens...