Now that I'm retired (whee!) and in the process of rolling my employment-based retirement account into my IRA, I need to think about deploying that buying power somewhere.
Traditionally, I've sold primarily short puts in broad market as a way to emulate dollar cost averaging (DCA) into the broad market versus just buying shares and, if assigned stock, proceeded...
With gold hovering just north of 1250, having lost a good deal of luster to pesky Greenback strength, this is possibly a good place to add into current bullish gold positions and/or initiate one here.*
22 and change, after all, appears to be fairly long-term support for GDX, so I would look to add bullish positions via naked short puts or short put verticals at...
With November OPEC talks designed ostensibly to hammer out proposed output cuts being the binary event for oil in the near-term, I'm looking to either (a) add to bullish positions in petro if those talks fail to result in meaningful cuts (I'm skeptical); or (b) hang on to my current bullish petro plays for the ride higher if those talks actually result in...
I don't trade news, but this is an event whose outcome I think is now relatively certain (Bremain) such that it might be worthwhile to take a small position to take advantage of the relief rally that will occur if that is the result. Naturally, I could be totally wrong on the result, but the probability of a Bremain vote is currently higher than a Brexit vote, if...
