Quarterly Update Service

This service provides quarterly email updates of selected spreadsheets that you have purchased from Six Figure Investing.  The updates will be sent out around the second week of January, April, July, and October.  The spreadsheets will be updated to at least the last trading day of the previous quarter, any splits / reverse splits will be accounted for, and any unusual events (e.g., unscheduled market …

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Bullish moves…

On Monday I bought back into XIV at 138.87,  it doesn’t appear that the market will follow last Friday’s plunge.  Instead we are getting more of a snap-back like we had on the mini-correction starting January 19th. On Tuesday, bought SPY at 129.71 and sold-to-open S130 weekly calls expiring this Friday (4-Feb)  at $0.57 for a  net debit of 129.14. .

Volatility and Bond moves

VIX was touching / very close to the lower 2 sigma Bollinger band this morning, so I sold my  XIV position at 150.13.  Bought some IEF (Barclays 7-10  Treasuries) at 93.80  because it was near the low end of its current trading range, will go ex-dividend next week (1-Feb) with a dividend of around $0.24/share, and tends to go up if equities go down. Later …

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Schwab joins the CBOE Weeklys crowd

With no fanfare whatsoever Schwab has added support for weekly and quarterly options on all of their current trading platforms: Schwab.com, StreetSmart Pro, and StreetSmart.com. I thought we would have to wait for the new StreetSmart Edge.   See this link for CBOE’s currently offered weekly options. At least on StreetSmart Pro the option greeks on the non-standard options appear to be computed correctly.  Instead …

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Schwab’s StreetSmart Edge™

Update: Please see here for more recent information. A few observations: The package is designed for multiple monitors.  Each layout can be on a different screen The colored “link” symbol in the upper right synchronizes tools to the same ticker.  If you want multiple charts on the same layout for different tickers you should select different link symbols for each one. You can save layouts to the …

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