by OptionPundit on January 2, 2009
Year 2008 was almost equally as good a year for OPNewsletter as 2007 especially when compared with any major benchmark index like S&P 500. In 11 months completion, from Feb’08 till Dec’08, OPNewsletter outperformed S&P500 by a wide app 70% margin. During the year when the DJIA decline 33.84%, while the S&P 500 trimmed 38.49%, [...]
by OptionPundit on September 14, 2008
In what could be summarized as tumultuous month for the US markets, full of volatility and extreme intradays moves and strong reversals, OPNewsletter Sept portfolios returned +6.2% including commissions. This beats my revised target of 5% including comissions (vs earlier 5-7% x-comissions). This surely wasn’t an easy month for an income trader but a portfolio approach and diversification helped me achieve [...]
by OptionPundit on September 11, 2008
The Dow has still been unable to regain the important resistance of 11,750 (few points here and there). It danced around that level for a while before falling like a hard rock. In this post, while I shall be sharing about Put Diagonal Bearish startegy, I shall also briefly touch upon current market state. Dow is [...]