Unless you purchase the stock for the price you are ok with and use covered calls to margin down or lock on a certain profit you can live with. I myself like to use this method of trading.
On Jul 21 08:51 AM rrtzmd wrote:
> ...if it works for you -- great!...HOWEVER, my own personal experience > is that keeping things SIMPLE ultimately works best...the more complicated > the product, the more of YOUR money goes to some middle man...moreover, > the options market is something kin to a casino...an investor is > betting against institutions filled with supercomputers and trained > professionals...not exactly a friendly place for individual speculators...
China Remains a Compelling Buy via PowerShares Golden Dragon ETF [View article]
There's no doubt there will be a bubble in China. The worlds resources cannot sustain the standard of living that we(USA) afford. They would need an additional planet like our to harvest to live the way americans do. The question really is is when will the bubble burst. My guess would be sooner than later. Dont get me wrong, i am invested in the Chinese market and its done me very well so far in my portfolio but the time will come to get out. The Obama administration may have us leap frogging from one recession into a worse one if they think that 50% of hard working america can pay for the rest of the country's health care, education, etc. and feed the world at the same time. Who will want to achive a higher goal and income if you will lose it to the poor and lazy. Not me!
China Remains a Compelling Buy via PowerShares Golden Dragon ETF [View article]
There's no doubt there will be a bubble in China. The worlds resources cannot sustain the standard of living that we(USA) afford. They would need an additional planet like our to harvest to live the way americans do. The question really is is when will the bubble burst. My guess would be sooner than later. Dont get me wrong, i am invested in the Chinese market and its done me very well so far in my portfolio but the time will come to get out. The Obama administration may have us leap frogging from one recession into a worse one if they think that 50% of hard working america can pay for the rest of the country's health care, education, etc. and feed the world at the same time. Who will want to achive a higher goal and income if you will lose it to the poor and lazy. Not me!
10 Option Ideas on Extremely Bullish Stocks [View article]
Again, i have to say that i would hold until after earnings to sell any covered calls on APWR. The two new contracts that were recently awarded would allow the company a cash infusion from upfront starting costs that are typical to contract awardees. I personally like the Sept 17.50 covered calls but i would put a sell in at around the 2.25 to 2.50 mark which i think they will achieve. We should see an earnings reports that will top estimates by about .25 per share based on start up awarded money that has not been figured into consensus and an adjustment upward for future earnings could drive the stock between $18-$20 a share. Thats my play.
Why I Sell Put Options (Part I) [View article]
On Jul 21 08:51 AM rrtzmd wrote:
> ...if it works for you -- great!...HOWEVER, my own personal experience
> is that keeping things SIMPLE ultimately works best...the more complicated
> the product, the more of YOUR money goes to some middle man...moreover,
> the options market is something kin to a casino...an investor is
> betting against institutions filled with supercomputers and trained
> professionals...not exactly a friendly place for individual speculators...
China Remains a Compelling Buy via PowerShares Golden Dragon ETF [View article]
China Remains a Compelling Buy via PowerShares Golden Dragon ETF [View article]
10 Option Ideas on Extremely Bullish Stocks [View article]