Forum Replies Created
-
Posts
-
The drop in FedEx Stock definitely helped my Trade Ahead Of Earnings.
TeddiA lot I suppose will depend on Trump’s infrastructure bill. Nonetheless with premiums large enough, this should be an easy roll-down. It’s a great company and well-managed. They did an absolutely marvellous job of surviving the credit crisis. In that bear market I was assigned 3000 shares as I sold deep in the money naked puts hoping to make money on the way back up. Nucor has been around for decades. I expect it to outlive me for sure. LOL.
TeddiYes, absolutely a sweet trade in my opinion especially when you examine the chart pattern for Intel that is in the Home On The Range Strategy in my article from lunch today. https://www.fullyinformed.com/members/become-a-better-investor-dont-be-an-absent-landlord-home-on-the-range-and-stocks-for-zero/
If Intel fell below $34 it would be moving back to an old range making selling the lower puts quite worthwhile in my opinion. I think I will have to sell some tomorrow! I talked myself into it. LOL.Also don’t forget since you are holding the $39 put strike for June, you probably want the stock to recover to $39. So in a bounce back in the stock over the next couple of weeks, watch for the chance to sell the June $39 call strike to earn more income.
You could add to your trade and sell some far out of the money naked puts for June such as $31 or $32 put strike. If assigned, it will bring your cost basis still lower and if the stock moves back up it may leave your position out of the money. Just a few ideas.
See this article from this morning https://www.fullyinformed.com/members/become-a-better-investor-dont-be-an-absent-landlord-home-on-the-range-and-stocks-for-zero/It comes down to your goal and your outlook for the stock. This article which I wrote this morning might assist you to perhaps think outside the box. I used your comments in my article. https://www.fullyinformed.com/members/become-a-better-investor-dont-be-an-absent-landlord-home-on-the-range-and-stocks-for-zero/
Teddi Knight
Intel is coming back down again. I will be selling the $34.50 put strike or $34 by the looks of it.
TeddiI will be joining AMY shortly but not at $58. I am in at $56 for April 21 expiry. https://www.fullyinformed.com/members/morning-trade-alerts-and-ideas-for-mar-23-2017/
Looks like an interesting trade especially with earnings out on April 20. Here is a trade I entered which expires April 13. I sold the $63 put strike. https://www.fullyinformed.com/copy-of-microsoft-stock-msft-trade-alert-for-feb-17-2017/
Teddi Knight
If you are concerned about being assigned that means you need to be lower. Roll-down and further out in time would be my suggestion. Review Sam’s questions and a few answers here. https://www.fullyinformed.com/members/investor-questions-knowing-when-to-roll-down-or-get-out-of-a-short-put-trade-intel-stock/
Teddi Knight
Could be a bit too tight on the put strike but if you have the capital then it is easy to defend. Enjoy your vacation.
TeddiMLPs are Master Limited Partnerships which I would think should work but I have not traded them and have no interest in trading them. But the strategies work with ETFs so they might work although ETFs are much broader in the scope of stocks in an ETF which makes them more easy to trade with my various strategies.
HI Mark. This was not a Tomorrow’s Trade. It was in my USA Portfolio. The last article on the trade was here: https://www.fullyinformed.com/members/trade-alerts-as-intel-intc-spend-15-3-billion-for-mobileye-march-13-2017/ last week.
More of these are being added all the time. So thanks for the praise. It makes the work worthwhile and it is a lot of work. LOL.
TeddiThanks for your comments. There is more to come for the website but so far it seems to be working out well. Thanks again.
TeddiI won’t be doing this trade until Friday as I want to be sure on my covered calls. A lot can happen in 2 days.
Teddi