In 2015, I’ve challenged myself to generate income by selling call/put options. With that said, here is the 2015 Avrex Options Income Challenge Goal: I would like to make a $12,000 profit in 2015. (i.e. $1,000 per month). However, the problem with options, is that the resulting returns are highly variable. There is a large […]
Category Archives: Options
The June 2013 issue of MoneySense magazine looked at Canada’s Best Discount Brokerages. MoneySense partnered with Surviscor to look at the Canadian Discount Brokers. It compared the brokerages, in a chart, on several categories, including stock commissions and option commissions. In their chart of the 14 brokerages, 12 brokerages tied for the ‘lowest’ option commissions […]
19
Oct
Oct
[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 […]
Thus far, I have only traded options on the US markets. I was recently wondering, if there were suitable option candidates on our Canadian TMX exchange. By suitable, I refer to the option of a security having enough volume to keep the bid-ask spread reasonable. Earlier this year, I grabbed a snapshot of the TMX […]
The majority of my portfolio uses a passive Index / Couch Potato based methodology. But, in about 20% of my portfolio, I utilize Options. I execute this active strategy in two ways, to enhance my risk/reward. 1. In my registered account (TFSA/RRSP), I buy options as a Stock Replacement strategy. In this manner, I can […]