Boomers Resources
thinkorswim, Inc. - Online broker specializing in stock options – Excellent software-based Options platform. Our choice as the absolute best broker for option trading.
Chicago, IL (866) 839-1100 www.thinkorswim.com
Options Graphing Software - There are many options graphing software packages out there, most of which do far more than the average investor would ever need. Of course, they cost too much as well. I have found one package that I absolutely love. It does everything I want (and lots more), and is very inexpensive. Most of all, it's easy to use. What I like best about it is that once you enter your positions, you click an update button, and the current market prices are looked up for you, and the graph updated.
Each week, for each of our portfolios, I create a Risk Profile Graph like this:
(Note: This graph was created on July 25, 2009 when the Boomer’s Revenge portfolio was worth about $9,500 and the stock, SPY, was trading at $99.)
This graph lets me know what profit or loss will result from the current positions at the next expiration at each stock price. I can see that the portfolio will make about a 15% profit in a single month if the stock lands anywhere between $100 and $104 in four weeks and there will be a gain at any SPY price between $94 and $108, a range of 14 points. The graph gives me a visual reading on my risk at different stock price scenarios, and helps me decide if I should make an adjustment. Of course, I can enter the several different possible adjustments and examine the graph with those new positions before I make the actual trades.
You can purchase the Excel Option Calculator software here. The price is only $37.90. If you enter the Discount Code TT124, it will cost you $5.00 less as a special offer to people who found this software through Boomers Investing . I recommend it highly, and use it every day myself.
Argentina Wine Tours
http://www.mendozawinetours.com Do you like wine? Have you tried Argentine wine? Argentina is not only one of the biggest wine producing countries in the world, its signature Malbec wine can also compare with the big ones. "Valle de Uco" in Mendoza will have to be added to the list of famous wine valleys: Loire Valley, Napa Valley, Sonoma Valley, Barossa Valley, Hunter Valley ... Uco Valley. Moreover, the beautiful setting of the main Argentine wine region at the foot of the Andes makes it a great place to visit. All about wine from Argentina, wine tours and accommodation in Mendoza.