Unbelievable strength. didn't have chance to sell more Jul 15th Naked Puts...my inventory of shorted PUTs are getting low due to lack of deep pullback...Having Longs compensate for missing Short PUTs. Good luck to Long holders. Keep posting MO related message so we can dilute Political none MO message here .
I added more naked PUTs this morning for JUL 8th..small fee but high probability of my WIN.....I am using 2 day's Biotech gains in option buying power
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
Gary; I sold Jul 15th $66 Puts for $.64 ...If pushed I get MO shares for $65.36 cost or keep $6400 fee not bad risk
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