As I announced on Twitter and Facebook page on Friday I planned opening new options trades on my favorite stocks – Safeway and Corning Int. (GLW). Both companies pay dividends, have grown them for several years and I am OK owning the stocks in case I get exercised. That’s the beauty of put selling strategy Continue reading →
I was so excited writing about my reasons why I no longer wanted to invest in ARR or trade its options that I forgot to mention how my trade went wrong. So this is an update to my previous post. I closed this trade with -10.56% (loss) or -46.55% annual loss. On this trade I Continue reading →
I decided to take a loss at my Armour residential put selling trade. Originally I believed in this stock, but lately I consider Armour residential a junk every dividend investor should avoid. There is plenty of investor out there I could see who think this stock is a great value because of its book value Continue reading →
I was no longer comfortable with Pitney Bowes (PBI) stock and thus earlier I changed my mind on this trade. Originally, I was OK to hold this stock in my portfolio in case I get assigned, but after 50% dividend cut the rules changed. For this reason I decided to take advantage of Pitney’s somewhat Continue reading →
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