that expire today..........last week I sold [wrote] 40 $7 Puts expiring next Oct for $1.02/put...........hopefully that $4000 will be part of my income for that month OR I'll own another 4000 shares of this great INT. Ins/Bnking co .....IMO I own 2,000 shares put to me at $12.50 more than a yr ago ..........I own 30,000 of AEG AEGON @ $8/sh and 12,000 AXA AXAHY.pk @ $18+/sh....so I'm losing bigTime in these really GREAT Euro INs co's ...........hoping my grand children will enjoy fantastic dividends in the decades ahead .........IMO
Well, ING reports on 9.May Monday. As usual, the runup to report day IS a good forecast to what expect. Considering this, looks like the market is discounting terrible Q1 results. Those with info are selling again?
I am just wondering, what are the guys on the Board smoking? Are they satisfied? How far can ING fall?
That's some pretty bold moves you made there sir. I'm not a Grandfather yet but I do respect your long term planning. May I humbly suggest TEF @ around $13. Good yield (probably will be cut at some point) and completely misunderstood for its Growth potential. I have a GTC buy order in at $13 and hoping it hits this summer.