I sold the Nov 17.5 GE Put today for .31. As I am writing this GE is trading at 20.67 with a 6.00% Yield. Huge rally today as GE Capital might receive funds from the $700 billion dollar bailout.I believe I will be safe in this one. GE hit 52 wk low [...]
I look to just make between $400 and $500 dollars a month by selling puts. These are stocks that I am always willing to purchase if assigned but rather not.
In this market I am trying to pick good dividend plays. This helps give more protection from the stock sliding since more people look [...]
Today is a great day, even though the stock market is closed. Yes, it is true, I am a New York Jets fan. They beat the 5-2 Buffalo Bills today and Brett Farve only threw 1 interception. This win puts us in first place along with Buffalo as long as New England [...]
I sold some puts with strikes below the 52wk low. Right now I’m in ED, VZ, T, FSLR, PFE. Potential profit is $438. These once again are stocks that I don’t mind owning if they are pushed on me. All pay great dividends except for First Solar. Volatility is way up [...]
