Hitting The Ground Running
Seeking Alpha Analyst Since 2012
Most of the good $$ stuff is happening over here now:
But I will update this one as fun things happen.
FOR SOME REASON KNOWN ONLY TO THEM, SA HAS DECIDED TO CATEGORIZE SOME OF MY BLOG POSTS AS "STOCKTALKS" ON A RANDOM BASIS RATHER THAN JUST LIST THEM ALL IN THE BLOG AREA. WHAT I WANT THEM TO DO (LIST THEM ALL UNDER THE "BLOG" HEADING BY DATE) APPEARS TO BE IRRELEVANT. SO IF YOU WERE LOOKING FOR SOMETHING TO MAKE SENSE - IE BE IN ORDER - GOOD LUCK TO YOU. (rant over)
Let's trade trade trade, and then trade some more! Love the ladies on FOX business, and Fidelity loves me. OK, well Trish does anyway, some of those other people there maybe not so much. I think that's enough. No book, No paid articles, No premium content, No company, just my own personal hedge fund - dammit. I'm such a failure.
In case you don't GROK "GGjr" - that's Gordon Gekko Jr. A reflection of my net worth being several decimal points to the right of his...
In case you haven't figured it out YRMV = Your Returns May Vary..
Hitting The Ground Running
Fat Premiums dropped it's latest load of recommendations for stock and ETF Puts for the week of January 27, so here's where that ended up with my $62K to spend:
LABU is for 4 weeks of course (duh) so it does not count.
I already have AKS and CLF and JNUG for next week:
So maybe I ought to look at TERP? - oh crap, that's for 4 weeks out too = only 4% a week really, NEXT.
So CHK is next up at bat:
That could buy a bucketload of beans.
$7 strike looks to have a decent chance of expiring...
But if it does not it not have made too much really, as most of that "premium" is the price differential between the stock quote and the strike..
Next is RAD; looks like the play is the rebound....
Rite Aid Shares Fall 19% On Fear Feds Could Nix Walgreens Mega-Deal
But if it just finishes the week flat, ~16% cash return would be OK:
Lots of action in these too:
so - we'll have to see what OPEC/the dollar/Trump Tweets does between now and Monday.
So what did I do?
We'll see what happens by Friday........................
Analyst's Disclosure: I am/we are long EVERYTHING.
Bill is such a hound dog.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.