Twelve
winners, one loser for the October option cycle, grade B+. I sell some
XOP Nov 65 puts. XOP is the Oil Exploration ETF. I did okay this
month. I avoided some possible losers such as IBM and EBay that I
have traded earlier.
My timing was so-so on most of the put sales. Most went
deep into the red before recovering and expiring worthless for a win. So for
the most part, I was on the right side of the markets. My recent
forays into gold have been profitable, though it takes a lot of
capital to sell GLD puts.
Long
AMGN APC BA BRKB FDX GDX IWM KORS LGF NKE XOP XRT
Net
long GLD SPY
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