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AUGUR OF ARIZONA
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I have been an equities enthusiast for over two decades. I have read tens of thousands of pages on investing in the stock market and continue to read about investing on a regular basis. Daily, I watch the stock market and study individual companies. I am a former military officer. I am a... More
  • Sold 53.5 NOV EBay Calls 0 comments
    Nov 7, 2013 11:31 AM | about stocks: EBAY

    This morning, I sold 53.5 NOV covered calls against most of my EBAY position for .56. That gives me a 1% return from now to 15 NOV on the call premium. If the shares are called away, I'll have a return of 1.7%. Either proposition for a 8 day return is fine with me.

    Side note: TWTR went public today at 45--well over the IPO price. Wonder if this will be a market top like it was when FB went public? We shall see.

    Disclosure: I am long EBAY.

    Stocks: EBAY
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