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Jack Haddad's  Instablog

Jack Haddad, MD, MBA is the founder and portfolio manager of MD Capital Management; prior to that, Dr. Haddad acheived great success as a consultant for the pharmaceutical/healthcare sector of portfolios for several brokerage firms. Dr. Haddad's involvement with clinical research trials has... More
  • Bargain stocks in the wake of an overvalued general market 1 comment
    Oct 20, 2009 01:20 PM | about stocks: DOG, INTC, AMAT
    If you are searching for sotcks that had the least run relative to the rapid rise in the DOW Jones Index, consider the following:

    1.  AMAT:  Shares remain depressed while implied option volatility indicate that shares will remain stable.  This is a good opportunity to buy shares and write calls against them to pocket a monthly premium.  I recommend the Nov strike 13 calls against the underlying shares.

    2.  INTC:  While shares have surged from a one year support of 15.10, CEO Otollini has been very upbeat on Company's guidance.  They have exceeded the most conservative analyst forecast in earnings and 4th quarter guidance.  Shares are a buy at these levels.  I recommend writing Nov strike 20 calls as a hedge against the underlying shares.

    3.  DOG; this is a very good index which shorts the DOW Jones.  You can buy shares and hedge them with Nov strike 55 calls.  This index is a perfect way to hedge your entire portfolio if you want ot safeguard long positions.


    Disclaimer: MD CApital Management owns DOG, INTC, and AMAT
    Stocks: DOG, INTC, AMAT
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This post has 1 comment:

  •  
    Jack - What is the minimum amount needed to invest with MD CApital Management? What's the application procedure?
    Nov 03 11:35 PM | Link | Reply
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