Wed, Sep 17, 2014, 6:41 AM EDT - U.S. Markets open in 2 hrs 49 mins

Recent

% | $
Quotes you view appear here for quick access.

Pfizer Inc. Message Board

  • fizrwinnr11 fizrwinnr11 Jan 19, 2013 2:06 PM Flag

    Updating the quarter-million-dollar all-LEAPS naked put-writing portfolio

    12/31/12 - 250,000 - (S & P 1,426) Beginning balance for the new year

    01/02 - 262,500 - (S & P 1,462), low valuation of 2013 to date
    01/11 - 278,570 - (S & P 1,472)
    01/18 - 282,470 - (S & P 1,486), high valuation of 2013 to date


    Up 13.0% - 2013 portfolio gains to date
    Up 04.2% - 2013 S & P gains to date


    Current holdings:

    AIG 25-strikes for Jan. 2014 (40 contracts with stock at $35.09)
    AGNC 25-strikes for Jan. 2014 (40 contracts with stock at $31.48)
    C 23-strikes for Jan. 2014 (50 contracts with stock at $41.66)
    CSCO 13-strikes for Jan. 2014 (80 contracts with stock at $21.02). .
    PBR 15-strikes for Jan. 2014 (60 contracts with stock at $19.53). .
    PFE 20-strikes for Jan. 2014 (100 contracts with stock at $26.54). .
    HPQ 10-strikes for Jan. 2014 (100 contracts with stock at $17.11)
    INTC 15-strikes for Jan. 2014 (70 contracts with stock at $21.25)
    BBY 8-strikes for Jan. 2014 (100 contracts with stock at $14.88)
    F 8-strikes for Jan. 2014 (150 contracts with stock at $14.11)
    TEVA 30-strikes for Jan. 2014 (30 contracts with stock at $37.71)
    AAPL 350-strikes for Jan. 2014 (4 contracts with stock at $500.00)
    GLW 8-strikes for Jan. 2014 (150 contracts with stock at $12.10)
    BIDU 65-strikes for Jan. 2014 (20 contracts with stock at $109.84)
    BAC 7-strikes for Jan. 2014 (150 contracts with stock at $11.14)
    JCP 5-strikes for Jan. 2015 (200 contracts with stock at $20.62)

    Just look at how ostensibly safe these positions are. They all expire in over a year and I will hold until at least the first week of January 2014 to avoid having to pay capital taxes on them in the year 2013 and to qualify for long-term capital gains when I do have to pay the taxes in 2014. Despite the incredible safety, the 2013 return should be between 35% and 40% unless the market really collapses. Of the 100K or so that I expect to earn from this portfolio which started the year out valued at 250K, I have already garnered $32,470. Here are the asked prices of each investment now compared with just three weeks ago to show just how that 32.5K was earned:

    01) $2,120 earned on AIG (40 contracts at $89 now; was $142 on 12/31)
    02) $4,640 earned on AGNC (40 contracts at $157 now; was $273 on 12/31)
    03) $2,400 earned on C (50 contracts at $44 now; was $92 on 12/31)
    04) $1,680 earned on CSCO (80 contracts at $23 now; was $44 on 12/31)
    05) $1,680 earned on PBR (60 contracts at $80 now; was $108 on 12/31)
    06) $1,500 earned on PFE (50 contracts at $43 now; was $73 on 12/31)
    07) $1,465 earned on new PFE investment (50 contracts - includes $35 in commissions)
    08) $4,500 earned on HPQ (100 contracts at $40 now; was $85 on 12/31)
    09) $1,400 earned on INTC ($70 contracts at $44 now; was $64 on 12/31)
    10) $5,100 earned on BBY (100 contracts at $65 now; was $116 on 12/31)
    11) $2,550 earned on F (150 contracts at $14 now; was $31 on 12/31)
    12) $1,110 earned on TEVA (30 contracts at $76 now; was $113 on 12/31)
    13) $300 earned on new AAPL investment net of commissions
    14) $285 earned on new GLW investment net of commissions
    15) $2,045 earned on new BIDU investment net of commissions
    16) $240 LOST on new BAC investment net of commissions
    17) $200 earned on JCP (200 contracts at $77; was $78 on 12/31)

    Those are truly stunning declines in option premiums in just three weeks. However, decline in the VIX fear factor index since year-end has been from about 23 to the high 12's.

    I consider myself to be one of the foremost masters in the nation in this kind of investing and I'm about the only one who publishes this stuff and who tries to teach it. In non-crash markets, my performance is second to none. Last year my portfolios registered a 42% gain while the year before in a flat market, I earned a stupendous 58%.

    Sentiment: Hold

 
PFE
30.05+0.13(+0.43%)Sep 16 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.