"Give me control of a nation's money and I care not who makes the laws." (Mayer Amschel Rothschild)

"Most people are obsessed with money. Hardly anyone is interested in it."
(Wm. Shakespeare)

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Some Useful Links

FTSE 100 Shares Index (Value) 15 minutes delay. BBC Page
FTSE 100 Shares Index (Graphs) 15 minutes delay. BBC Page


eMail dr.ftse@gmail.com to learn more/how to get started as an Option Trader, or to ask for details of the hugely successful White Knuckle Riders Investment Club (wkr.inv.club@gmail.com) which deals largely in Traded Options, particularly Options in the FTSE 100 Index. The Club's objective is to make 1% PER MONTH for its members.
Since it's inception in August 2000 the Club has paid out £253,000 in profits to members. Members are strongly advised to withdraw accumulated profits regularly; trading options is always riskier than trading in the underlying securities (i.e the 100 companies whose shares make up the so-called 'FTSE 100 Index')


TEAM BLOG Fridge Soup

My Open Option Contracts

(Updated weekly on Friday at close of business, or whenever I re-arrange any of my positions - except I haven't updated them for MONTHS because no one ever reads the blog. See my comments above!)

FTSE INDEX OPTION CONTRACTS
12 x 6850 Short (*) Calls (November 2014 Series)
12 x 6300 Short Puts (November 2014 Series)
Index closed at 6495.6 on 07/10/2014
Expiry on 21st. November 2014

(*) "Short" in the context of option trading means the contracts were opened by selling them.
(**) "Covered" Calls means I have the shares to meet any assignment by the counterparty
(***) "Cash Covered" Puts means I have sufficient cash in my trading account to buy the shares if assigned by the counterparty.


Saturday, 31 August 2013

Armageddon is Just Around the Corner

Who says so?  The magazine "Money Week" says so.  In a massively overlong and melodramatic article  "The End of Britain" the magazine explains that Britain's debt is too big, we can never repay it, change and decay in all around they see, and say goodbye to your money, your house, your pension, your investments.  But YOU can avoid personal financial devastation.  How?  Go on, guess.  You can't?  Then I'll tell you. All you need do is take out a subscription to "Money Week" and they'll tell you all you need to know.  Schimples!  On you go, sucker! It's only £175 p.a.  If their dire warnings are right we'll all go down together including the editors and column writers at MW. If wrong, well, you're £175 worse off and they're £175 better off.  If only telephone scams were that simple . . .

And a word to the MW editors and copywriters.  The article is so wearyingly and boringly long and repetitive that very, very few readers are going to get anywhere near the "Send us your money" bits at the end.  I mean, the kick-off's at 3.30 . . .

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I don't leave comments on blogs that use Word Verification. Ditto blogs which I know have Comment Moderation applied. Life's too short and I'm too busy makin' money and what the Hell are these people scared of anyway? If you don't like some creep's comment . . TRY DELETING IT! You have that privilege.
And I never read unpunctuated so-called poetry. I don't understand why self-styled poets think it's clever to make their work difficult to read/understand.