[Update 2012-10-26: This trade was successful. The price of AMZN fell for most of the week, recovering on Friday, and finishing at 238.24. This was well below my strike price of 260. Result: I collected $969 in premium. :)] Besides my regular portfolio of options, I will occasionally dabble into Weekly options. I don’t usually […]
Monthly Archives: October 2012
How many of us have been caught in a “value trap”? Prior to making stock selections, I pour over lots of fundamental variables. I’m a value investor. I’m looking for undervalued stocks, or stocks that have fallen out of favour. Back in 2011, I purchased Research in Motion (RIMM, RIM.TO), with the conviction that it […]