Today I execute the trade on MBIA Inc (MBI) which i wrote about yesterday. I sold 1 put contract against this stock. What is the game plan? I will be selling puts against this stock, but trying to avoid assignemnt. If it however happens and I get assigned or won’t be able to roll the Continue reading →
FGP is one of the stocks I wish to buy and own. It is an MLP paying nice dividend and the stock is optionable. It pays 10.50% dividend as of this writing. However, the company has never increased its dividend since it started paying it in 1994. Thus I am willing to hold this stock Continue reading →
Today I bought more shares of Realty Income to my dividend portfolio at $39.72 per share. 11/01/2012 12:26:49 Bought 19 O @ 39.72 Total shares held as of today: 66 Estimated annual dividend: $120.12 Consecutive Dividend Increase: 14 years Dividend yield today: 4.50% Dividend 5yr Growth: 2.66% Dividend paid since: 1994
Freeport McMoRan (FCX) Bear Call spread BTO 1 FCX Feb18 2012 42.00 Call STO 1 FCX Feb18 2012 39.00 Call Price: limit credit $1.20 Max risk: $180 Max gain: $120 if price stays below $39 at expiration Update: 01/10/2012 – filled @ $1.2 ($120 credit)
When looking at GLD recently, we can see that it broke below its 200 day MA as well as it broke thru its long term trend. It seems GLD is poised to go lower. Today the market showed a bit weak trading (compared to yesterday’s big move), so I believe, GLD can get lower during Continue reading →
I am going to open a new contingent order: Allegheny Technologies Long Puts Contingency: If the stock’s last price is greater or equal than 54.20 then: BTO 1 ATI Apr21 2012 55 Put Price: at market (expected price per contract would be $6.2) Max risk: $620 Max gain: Unlimited (potential target: $11.70 or $1170 per Continue reading →
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