Perils Of Using Covered Calls To Generate Portfolio Income: Update [View article]
Seems to me there are two basic reasons to write either puts or calls. One is a permanent day-in-day out strategy as represented by the BW funds/ETF's and on this site George Acs. This will produce either superior or inferior results to buy and hold depending on volatility and the general direction of the market.
The other is opportunistic. When premiums are attractive, the investor writes calls on partial core positions or writes puts on stocks he'd be willing to own a bit lower, again probably taking a potential partial position. I use this approach and last year it served me very well. This year the volatility isn't there and my premium income is a small fraction of last year.
Tim Cook's Improbable Victory In Washington [View article]
One must look at the tax code as a "Jobs Program" (no pun intended). It creates 10's of thousands of jobs for accounts, lawyers, lobbyists and their staffs. The resulting "jobs" create nothing of value, just a humongous paper shuffle.
Tim Cook's Improbable Victory In Washington [View article]
You would prefer that AAPL maximize the taxes it pays? Is there anything illegal? Who created the system that makes this tax treatment legal? Is it Sen. Levin and his cohorts in Congress or did Tim Cook write the tax code?
As usual in congressional hearings, the interrogators come across as ill informed narcissistic boobs.
A Recession Will Be No Fun For FUN; Sell This Good Dividend Payer [View article]
This tiff between David and Crunchin regarding "followers" is among the most inane writing on SA. I do, however,believe Mr. White is ahead in the inanity department.
One of my personal issues with this sort of transaction is, although the annual ROI is exceptional, the actual dollar return in spendable cash is small. In this case about $500, depending on commissions, per contract.
I'm willing to have a $50-60,000 exposure in a name, but won't trade unless I can yield $1,000 or more, typically with an annualized ROI of 18-25%.
I accept there is an element of irrationality to that, but it's a personal preference.
GE's Dividend And A 4.8% Yielding Alternative [View article]
I just stuck the parameters for GEB in my H-P 12 (yes, I still have one.) and the annual return is about 4.58 %. I think your calculation of 5 years is off. I believe there are on 18 qtly pmts between now and first call. GE-A will have a negative return.
Here's When To Buck The 'Great Rotation' Out Of Dividend Payers [View article]
Did NLY get a special dispensation from mark to market accounting?
Why Payday Loans Won't Get Cheaper [View article]
Perils Of Using Covered Calls To Generate Portfolio Income: Update [View article]
The other is opportunistic. When premiums are attractive, the investor writes calls on partial core positions or writes puts on stocks he'd be willing to own a bit lower, again probably taking a potential partial position. I use this approach and last year it served me very well. This year the volatility isn't there and my premium income is a small fraction of last year.
Chart Of The Day, Billionaire Edition [View article]
Stocks For The Penthouse: 5 Stocks Centerfolds Would Love [View article]
Tim Cook's Improbable Victory In Washington [View article]
Tim Cook's Improbable Victory In Washington [View article]
As usual in congressional hearings, the interrogators come across as ill informed narcissistic boobs.
Linn Energy Vs. LinnCo: And The Verdict Is... [View article]
BTW, I assume this phenomena occurs with other MLP's that have a LNCO equivalent shareholder.
A Recession Will Be No Fun For FUN; Sell This Good Dividend Payer [View article]
A Recession Will Be No Fun For FUN; Sell This Good Dividend Payer [View article]
Jim Rogers Favors Japan And Russia Over U.S. Stock ETFs [View article]
Rolling With The Punches [View article]
I'm willing to have a $50-60,000 exposure in a name, but won't trade unless I can yield $1,000 or more, typically with an annualized ROI of 18-25%.
I accept there is an element of irrationality to that, but it's a personal preference.
GE's Dividend And A 4.8% Yielding Alternative [View article]
GE's Dividend And A 4.8% Yielding Alternative [View article]
Rolling With The Punches [View article]