Archive for September, 2009

September

September 27, 2009

As is often the case, I’ve gotten way behind in updating this blog. So, this will be a giant “catch-up” post.

We Kentucky fans always have high hopes of ending our long string of losses to Florida (now 23 games). But this was not the year. To me, Kentucky looked weak defensively in our 4-point win over Louisville. The Gators posted 31 points in the first quarter last night against the Cats enroute to a 41-7 win. Next week Alabama visits Lexington, so the schedule doesn’t get any easier.

Ohio State dropped a 3-point heartbreaker to USC earlier in the season, but opened the Big Ten yesterday with a 30-0 win over Illinois.

Florida, Alabama and Texas (not necessarily in that order) look to me to be head-and-shoulders above the rest of college football, but we’ll see what happens as the year progresses.

My thoughts go out to those who have suffered flooding from the heavy rains that have plagued the south over the last several days. That weather pattern seems to have finally broken here beginning today.

There were 74 Miatas at this year’s Midwest Miata Gathering, held at Kincaid Lake State Park near Falmouth. To see pictures, go here: http://www.flickr.com/photos/ku4a/sets/72157622293265971/ or click on the links immediately to the right of this post.

I have been reviewing my broadcast-band DXing logs, as the “season” for medium-wave DXing is upon us. I have heard 290 stations in 31 states so far, since I started keeping records a few years back. I need to start listening at times that I have generally ignored, such as the wee hours, and right before sunrise. Software programs such as TotalRecorder make this task a lot easier.

Last but not least, congratulations to Bonnie on the arrival of her first grand-nephew, Landon!

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September options expiration

September 20, 2009

The short side of a couple of calendar call spreads expired Friday.

On FPL, I am long January 45 calls. I had written September 55 calls. With the stock closing around 55.03, I was assigned on these and am now short FPL from 55. Of course, this short is completely hedged by the January calls. My goal will be to generate more income by writing puts against the short stock.

Similar situation with WMT. I am long January 40 calls. The stock closed about 50.11 so I was assigned on my short September 50 calls. The short position is hedged, and the goal will be to write puts against the short stock position.