American Capital Agency Corp. Message Board
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Looking over my shoulder....200% ???
Seasons Greetings,
I thought I would post a few of my trades this year and see whether I can make my goal of a 200% return on risk capital for 2012. I thought it would be fun for some to "look on" and see if we can bank some good profits. Or the detractors can egg me as my trades backfire and I go down in flames. Either way I thought it would be fun(for the onlookers...not me if I perish...;-))
Yahoo won't allow any more....stage 2 coming-
Happy New Years Peter,
I think I predicted 66 by Jan 1. Missed by 10 cents. I think I said 67 by OPEX. I think I'm conservative. That's why I & YBF get along so well.....Happy New Years, Your, big hug....;-) -
Hi Doc,
I call this another Gravol day, and dont think that this will be $68.00 on Jan.20/12. Any way it turns out I will keep my 2000 over into divy run.
Doc Happy New Year and all the best to you. -
Hi Peter,
Look at last year, this time...same thing..Yesterday was probably the last of the good entry points. I am topped off with EVEP...ready for the run...;-)
Next entry point on Jan 23rd(Chinese New Year!). Plan on deep ITM Calls and ride to EX. After that Short the OTM FebCalls on day B4 EX in a ratio for EVEN with the first ITM Put option and ride down one day to EX and exit half the position and hold the rest until Feb OPEX. Wheeeee....
Happy New Year to you and everyone!! -
Hi Doc,
It sure looks ugly today. -
I'll be following you professor Reits ... but have to say 200% sounds agressive vice conservitive :)
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Hi Tc,
This is an "auto-pilot" trade. You don't want to buy/sell it back because the spread will bite you. Just let the Spread expire at OPEX, hopefully above the highest(short) option and your brokerage should(check..Fidelity does) exercise/assign both sides and the short 65's wipe the long 60's and you are up 5.00.
Subtract what you paid and that's your profit.
Good luck! -
For those LOMS(Looking Over My Shoulder) folks, nice article, even if it did come from SA:
http://seekingalpha.com/article/316518-royce-associates-stock-picks-with-the-most-upside-potential?source=yahoo
EPD and EVEP should be in the sweet spot. -
Getting pretty full on EVEP and EPD. The trade I really am drooling over is the day B4 EX on EVEP. Supposing we are at 70 on Feb 3rd, Go Short the Feb70Calls in a 3/1 ratio with the LongFeb75Puts, for a net credit or EVEN. Last EX would have netted you 15.00 by Nov 18th OPEX. Previous Q to that would have given you about 7.00.
Your Thoughts? -
Peter,
I did not see your 55 fill. I just got filled on more(10) spreads on the 60/65 for 3.50. The 1.00 I referred to was the profit window or potential. Whereas the 3.50 fill gives me a 1.50 window(5.00-3.50) and a BE @ 63.50, which is support.
Good luck. Last chance B4 New Years to get some more.... -
Hi Doc,
Didnt get that $1.00, spread still looks $3.70, but what I did is called my 55s and I am waiting for better 65 calls to write some. - View More Messages
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