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Pfizer Inc. Message Board

  • fizrwinnr11 fizrwinnr11 May 1, 2013 11:22 AM Flag

    Another JCP investment in the 200K insane returns portfolio

    Sold 300 contracts of the Aug. 10-strike naked puts for $32 apiece. Net proceeds after commissions of $9,390 with cash margin requirements at Ameritrade being $40,500. If this $16 stock holds above the margin-safe price of $11.25, the nominal return for the 15.6 weeks to expiration will be 23.2%. The annualized rate is 77.3% which is almost 6.5% per month or 1.5% per week. I would say that this qualifies for the insane returns portfolio. All three of my JCP investments have had annualized returns of 75% or greater but yet look at this ostensible safety.

    05/01/2013 09:49:30 Sold 8 JCP Aug 17 2013 10.0 Put @ 0.32 244.45
    05/01/2013 09:49:30 Sold 1 JCP Aug 17 2013 10.0 Put @ 0.32 31.42
    05/01/2013 09:49:30 Sold 31 JCP Aug 17 2013 10.0 Put @ 0.32 974.39
    05/01/2013 09:49:30 Sold 10 JCP Aug 17 2013 10.0 Put @ 0.32 314.32
    05/01/2013 09:52:52 Sold 10 JCP Aug 17 2013 10.0 Put @ 0.32 314.32
    05/01/2013 09:52:52 Sold 1 JCP Aug 17 2013 10.0 Put @ 0.32 31.42
    05/01/2013 09:52:52 Sold 31 JCP Aug 17 2013 10.0 Put @ 0.32 974.39
    05/01/2013 09:52:52 Sold 8 JCP Aug 17 2013 10.0 Put @ 0.32 244.45
    05/01/2013 10:14:42 Sold 1 JCP Aug 17 2013 10.0 Put @ 0.32 24.42
    05/01/2013 10:14:57 Sold 48 JCP Aug 17 2013 10.0 Put @ 0.32 1,508.74
    05/01/2013 10:14:57 Sold 1 JCP Aug 17 2013 10.0 Put @ 0.32 31.42
    05/01/2013 10:21:21 Sold 21 JCP Aug 17 2013 10.0 Put @ 0.32 660.07
    05/01/2013 10:21:21 Sold 7 JCP Aug 17 2013 10.0 Put @ 0.32 220.02
    05/01/2013 10:21:21 Sold 1 JCP Aug 17 2013 10.0 Put @ 0.32 31.42
    05/01/2013 10:21:21 Sold 10 JCP Aug 17 2013 10.0 Put @ 0.32 314.32
    05/01/2013 10:21:21 Sold 11 JCP Aug 17 2013 10.0 Put @ 0.32 345.74

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    • JCP is a crummy, money-losing, poorly managed company which I wouldn't dream of owning as a buy-and-hold. But as for deep out-of-the-money naked puts, it's an entirely different story - it's a world-beater. The real estate alone is worth $14 a share and that's why the stock continues to hold some semblance of price. JCP hasn't been below $13.50 and there is little reason to think it would go to $11.125 or less. But even if it did, it would be av very very easy rollout to the Jan. 8's where the margin-safe price would be all the way down to nine bucks.

      I am one of the foremost experts in the nation in this kind of investing. In non-crash markets, nobody matches the returns that I have. And I do mean NOBODY.

      If one of your stocks tumbled 25% over the next 3.5 months, would you be showing a 22% PROFIT? I would - and that's the absolute truth.

 
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