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The Frankenstein Fund - November 2015 3/4 Month Update - They're Singing My Song... Another Month Older And Deeper In.....Cash?

Nov. 24, 2015 2:53 PM ETNMM, WMC, MORL, LNCOQ, ROAN, CLM, CEFL, ARR25 Comments
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The Frankenstein Fund - November 2015 3/4 Month Update - They're Singing My Song... Another Month Older And Deeper In.....Cash?

11/24/2015

Well this was a most entertaining month so far with all the craziness in the world. It took 2 days to sell all the LNCO & LINE calls, (thanks Turkey) for a new "record" for realized "income" for a month.

Of course its shifting some income forward by selling the January calls that I'll not get in December, but sometimes that's a good idea.

Rolled the NMM $7.50's to $5's too. I'll buy some more NMM next time I have some extra $ to get my average cost basis under $5.

*light blue shading indicates something that has already happened.

Don't be this total return guy:

Realize some "profits" aka generate some INCOME along the way so that you can continue to have Happy Turkey days for many years into the future. Profits held mostly on paper may not be there when you actually need them...

Just sayin.

Monthly updated to November 2015:

Yearly cumulative updated to include November:

Have a Happy Turkey Day and don't go near any malls...

YRMV of course.

Analyst's Disclosure: I am/we are long NMM, LNCO, LINE, MORL, ARR, WMC, CLM, CEFL.

You can't control what the markets do, but you can control what YOU DO in the markets. Stop being such a crybaby and make some money.

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