Week Ahead (2/19)

US Markets are closed on Monday due to “President’s day”. From an economic perspective there is not much data expected except the CPI data on Wednesday at 8:30am US EST. According to Bloomberg this is one of the market moving indicators, so let’s watch out. Though FOMC minutes will be issued on Wed as well, impact is pretty much known.  There are lot of volatile companies that will be reporting earnings but this is not going to be as attractive a week as last week of expiration due to OOM options having time value and hence relatively expensive in abs $$. As the week passes by, I will surely cover some of the interesting earning plays.

I was able to open few interesting positions for my income portfolio consisting of MER, NKE, BKX, RUT and DIA. These are opened for different set of strategies. As I was mentioning earlier, 90% of my trading portfolio is in income trades. I am removing performance tracking page as I won’t be able to post all my trades on the page and therefore it maybe difficult for readers to connect posts with my actual performance.

I shall be taking advantage of the market being closed to analyze other trading ideas for BMRN and AGIX. So stay tuned.

Profitable trading, OptionPundit






One response to “Week Ahead (2/19)”

  1. chiu Avatar

    It is not easy to find good candidates for income generation sttrategies..

    As the candidates for income generation is so few, when you allocate it to the profolio. Is it going to tkae up more than a sizable percentage, say at least 15%, is it a good money managementthen. Please share your thought ?

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