Timothy Collins has worked as a financial adviser since 1999, focusing on portfolio customization, with a concentration on correlation arbitrage and risk-managed growth. He started Collins Capital Advisors in 2007, which has evolved into TangleTrade Management, LLC. Currently, he operates Retro Wall Street, a site focused on education, trader mentoring and humor. You'll find him spending his days in the Retro Wall Street chat room.
Prior to joining his first firm, American Express Financial Advisors, in 1999, Collins worked as a staff accountant for United Information Systems in Bethesda, Md. He has also worked as a financial analyst for Securities Pricing and Research in Annapolis, Md. Collins is a graduate of McDaniel College (formerly Western Maryland College), with degrees in business administration, economics and sociology and is a winner of the Bates Prize.
Recent Articles By The Author
The idea is to create a floor and a ceiling for your holding by selling one call and buying one put per 100 shares of a position.
I can appreciate something needs to be done, but I'm hesitant to call these potential proposals a boom for stocks.
These real-life examples don't mean leveraged ETFs are without their use. They can make terrific short-term and intraday trading vehicles.
I'm eyeing a bullish put spread with the 50-day SMA being the key level.