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theregans

theregans
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  • Apple's Intrinsic Value And The Market's Irrational Valuation [View article]
    You should sell OTM weekly calls against your leaps to combat time decay and sit tight. Eventually the market will value AAPL appropriatly. It is irationally pricing it far below market value IMHO. In the short term the market is a popularity contest. In the longer term it is a weighing machine...
    Jan 30 10:16 PM | 3 Likes Like |Link to Comment
  • Marrying The 4% Rule With Dividend Growth Investing [View article]
    Why is everybody content with 4% return per year? You can easily double that with little to no risk using options on all of your high dividend stocks. Selling covered calls is an excellent strategy to increase your yield. Selling puts to enter back in if called away is another. Actively trading these stocks based on a proven technical approach is still yet another. I fully intend to retire at a much younger age than my colleagues only because I am an informed and active trader / investor. I am more than on my way to reach my goals and I am still in my forties with the big 50 in 2 years as my goal date.
    Dec 1 08:59 PM | 1 Like Like |Link to Comment
  • Apple: Another Problem With The Bears' Logic [View article]
    People buy it based on what it will cost them up front and as long as the monthly plan is in line with what they are already shelling out.

    Where do I sign????
    Nov 14 04:05 PM | 1 Like Like |Link to Comment
  • Apple: Another Problem With The Bears' Logic [View article]
    That may all be true but I would argue that more than 90% of iPhone's are sold on contract. Heck might even be greater than 95%
    Nov 14 04:03 PM | 1 Like Like |Link to Comment
  • Apple: Another Problem With The Bears' Logic [View article]
    I could not disagree more strongly. You can get the latest iPhone 5S for like $100.00 on a plan. There are other phones that are free that can't compete with $AAPL. The long held belief that Samsung is stealing market share in my opinion is a myth. They are in the low end of the food chain. It is like saying KIA is taking market share from Mercedes Benz.
    Nov 14 01:46 PM | 12 Likes Like |Link to Comment
  • Apple's Buyback Program: Value Destroying And Value Retaining [View article]
    The US government would be wise to offer $AAPL a one time 15% repatriation tax on the hoards of cash held off shore. Shareholders get the cash back on home soil for the cost of 5 years worth of interest on the bonds and the government gets a huge one time cash infusion.
    Aug 21 12:44 PM | Likes Like |Link to Comment
  • "Sentiment is bad. Make that horrible," says Raymond James, upping Apple (AAPL) to Strong Buy from Buy. The team says the company stands to benefit from the new battle in smartphones - putting smartphone chipsets into things like cars, TVs, and appliances. Shares +1.3% premarket. [View news story]
    The most important thing is the retention of customers. AAPL is above 90% which is unheard of!!! This will be the I told you so moment when we see $500 then $600 then $700 and beyond.....
    Jul 1 06:41 PM | 2 Likes Like |Link to Comment
  • Retirement Portfolio For Maximum Income Growth [View article]
    I love the concept of living off dividends in my golden years. Especially dividends that grow at 10% per year! I like to use options to lower my basis. Sell puts to acquire a position and sell calls to increase yield. One stock you should consider adding is BP with a 5% yield and it being undervalued and in the penalty box by Wall Street by around 50%. It has a history of growing dividends and a huge margin of safety.
    Jun 29 08:49 AM | Likes Like |Link to Comment
  • BlackBerry Short Sellers, I Salute You [View article]
    I sold some Jan 14 $8.00 puts on it today. Collected around $1.30 for them on $330 margin for an annualized return of around 50%. For those that lost big, this is a way to get some of it back with limited down side. It needs to trade below $6.70 before I start to lose money on this trade. Could it happen? Sure anything is possible. But I like my risk reward setup on this trade. If it continues to go down further I will add to this position.

    Do I think the turn around will be successful. No I don't. Most of them fail. Especially in tech. But will it go to zero in the next 7 months? Not a chance. This is how you trade with almost no downside risk. You have to wait for the opportunity to present itself. I have recently been very successful doing this same trade on JCP and most recently LULU. The jury is still out on LULU. But I predict I will be fine on that one as well. Get the deck stacked in your favor and then trade. I don't buy stocks od short them for that matter and hope and pray I was right. Been there done that. Selling puts is the way to go.
    Jun 28 10:35 PM | 2 Likes Like |Link to Comment
  • What Do Soaring Call Option Premiums Mean For Gold And Silver? [View article]
    I will gladly sell you some Jan calls on GLD. It is going down down down!!!!! The gig is up!
    May 17 08:16 PM | Likes Like |Link to Comment
  • Valero Will Bounce Back [View article]
    Took a second look at the chart. Nice head and shoulder.....
    May 1 08:54 PM | Likes Like |Link to Comment
  • Valero Will Bounce Back [View article]
    Bret what strikes and expiration did you use on MPC? Broke through support around $78.00. I don't see support till around $60.00. On a technical basis, I don't like the look of the reversal.....
    May 1 08:52 PM | Likes Like |Link to Comment
  • Why Apple Is Becoming Irrelevant [View article]
    No catalyst to drive the stock? How about the largest share buy back in the history of corporate America? Just based on that alone the stock goes to $475.00. Oh I forgot. They are showing a willingness to increase the dividend at a tiny little rate of 15% annually.....

    Oh then there is the fact that they have announced exciting new products and services for the second half of 2013 and into 2014.
    Apr 30 08:38 AM | Likes Like |Link to Comment
  • Stop Guessing And Learn The Statistical Way To Invest [View article]
    Andrew,

    I just stumbled upon this article today being Saturday. The market is closed and I can't sell premium today..... So, instead I try to spend my time learning what others have done and are doing to be successful.

    I have been selling premium as you do in the form of credit spreads for a number of years now. I do some ETF's and some major indexes like the SPX & RUT. I also sell premium on highly liquid weekly options on major tech company's namely, AAPL & GOOG.

    It has been my experience that the returns can tend to be higher on weekly's over monthly's by over 50% most times. That is, if you were to add up what you get from selling 4 weekly credit spreads vs a 1 month credit spread the return will be most times greater than 50% higher.

    Offsetting this is the fact that you must get closer to where the underlying is trading in order to collect a descent credit. Most of the comments on your article refer back to what if one of your trades loses...... You lose all the gains you made on the previous 10 or 20 trades with one loss.

    In my case, nothing could be further from the truth. I do not sit back and ever watch my short strikes get breached! I always have a contingency order in place to buy back the spread. This does incur a loss. However, the loss is much smaller than the ratio discussed above in the comments. Risk management is a very important part of this strategy. I speak from experience of not having any many years ago.....
    Apr 27 10:39 AM | Likes Like |Link to Comment
  • What Do Soaring Call Option Premiums Mean For Gold And Silver? [View article]
    The same premiums can be found on the PUT side as well. This is not necessarily an indication that gold is going higher. It is more of an indication that there is fear in the precious metals market as indicated by the increase in implied volatility which in turn inflates the price of options.

    I really don't get gold..... Just not my thing. A spike in IV, now that's my thing!! I was able to sell Iron Condors on the GLD and collect 10% per week!!!

    Also, whenever possible, sell the weekly covered calls over the monthly's. You will usually do about 50% better on the combined 4 weeks of premiums versus the 1 month.
    Apr 26 06:20 PM | 1 Like Like |Link to Comment
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