I bet every week so I have many short duration ..Every Friday is my pay days... Off course longs are very seldom traded..Core holding is now 5 years old. This turned out to be better than biotechs ( INCY,ACAD, SGEN) my favorite sector play..
roden; you are liar..there is no such thing as never been wrong since 1960...stop joke like this with serious issue as stock market investing isn't funny at all ..waisting time and place on MB...
If interest rate remain flat ,MO will give you nearly 40% return ; Cap gain + 4% div...really good stock for conservative investor.....I use naked put option and long holding to increase return beyond 75%...MO is great stock for this purpose..leverage brokerage house allow is very generous. I LOVE THIS STOCK
First down day, lets keep discussion going....I sold Jul 15th $66 PUTs this morning....I don't think we will see deep pullback..Get some MO when little soft....only no more than half of planned buy budget...if drop more you will have another chances.....with earning coming soon ,dividend increase , plus extra spl. div..from sale of Sab Mi...Also side way market due to Brexit will keep focus on high div and conservitive issues
Great stock performance in middle of depressed market standing mighty strong ...UP $.74 GREAT GREAT GREAT !!!!..It's OK to pullback some...don't mind at all
MO is great stock to own doing global panic period...its strong with great dividend while waiting for better days worldwide. No other place that beats MO investing...
wilson; Stochastic I believe similar to Bollinger is near top end so definitely is not buy time but can go slightly higher but safest is too wait little longer especially for those already fully longed. I am interested in filling Jul 15 & 22 naked PUTs...I really think use of MO naked puts are fantastic deal; very generous leverage and reliable trend plus I don't have to pay margin interest.
I believe this week will be volatile for MO after fantastic last week....but reality is technically getting over bought so don't get discourage
when we see pullback....that's normal for this kind of past movement before continue higher...In current global environment ,we have one of the best stock to own. If pullback happen, go for it , you will be rewarded...anyone concern adding, please look 5 year chart, that will give you confidence.....Please keep Altria board alive for MO investment talks.....THanks
budman; no problem , I am 78 so fully understand eyesight issues...We have so many unusually difficult global issues that I can smile away most of someone's unintended errors.. thanks again ....next week technically we are in over bought area...likely pullback what do you think
Budman; Thanks for well thought answer....I prefer stock div. instead of cash...Agree with you on blue chip mgmt...
Have any idea how company reward stockholders? Do you think special extra dividend from cash portion received in merger ?
Gary; There is limit on exposure so you have to take in return rate....many shorter contracts stack up rolling expiration give you better rate of return....today 200 contracts expired so I will replace with 200 contracts more for JUL 15th to refill stacks.....try calculate $ return per day....shorter the contract period will yield better return... fee rate per day drop sharply when contract period exceed 4or 5 month ..after 6 month,rate really drop off so you make more money by go deep and shorter contracts
When you set buy target price too low, $60 may be $63 still low I think ..... your chance of missing owning completely is high....good long term stock like MO with generous dividend, I recommend buy price little higher or sell naked PUT option like strike price $64,.64.50; or $65....My target for Monday put sell for Jul 15th & jul 22nd is $65.50 or $66.00 strike....you will collect nice option fees if you don't get push ...when you get push, cost will be discounted by fee amount ...never buy just offering bid price... if you do this weekly with naked PUTs, every Friday you can make good money on expiration day...Only negative is all short term capital gains tax.. today I closed by expiration on $63 & $64.50 strikes. total profit of $11,500 this Friday ; next Friday I will win$12,000 with 100 contract $64.50 strike..I have sold Jul 8th $64.50 Puts on Monday for $.50... So my coming Monday plan is start position for JUL.15th & 22nd. Do this strategy and buy longs for core holding ; You will make close to 75-100 % on money since loosing money with MO is low probability....This technique works reliably only with MO...for 4 years.. good luck investing with MO.
How can you say "THIS WEEK"" those are pending subjects but nothing sign of news this week in my screen
meaning 955,000 shares total amount can be made up of several trades or single lot trade , specialist record after market close ....if single lot trade ,nothing to get excited ; one institution handing sale lot to other institution wanting to buy ....can not tell which side is right. many private transaction getting recorded after hour or at close...i personally think meaningless......this is different from strong AH buy side trades