This one will be a two-week tour of Switzerland. In the deathless words of The Bard, "parting is such sweet sorrow." Will y'all miss me? I'll be back late on Saturday, June 29 and will post the updates the next day.
12/31/12 - 951,950 (S & P 1,426) Balance at beginning of 2013
01/02 - 1,000,725 (S & P 1,462) - 2013 valuation low to date
01/29 - 1,067,885 (S & P 1,508)
02/08 - 1,050,545 (S & P 1,518)
02/19 - 1,072,805 (S & P 1,531)
02/25 - 1,050,295 (S & P 1,488)
04/02 - 1,114,865 (S & P 1,570) - Final PFE cash-out for 796K with stock at $29.21
04/05 - 1,082,205 (S & P 1,553)
04/12 - 1,131,750 (S & P 1,589)
04/18 - 1,096,390 (S & P 1,542)
05/21 - 1,231,335 (S & P 1,669)
05/23 - 1,197,840 (S & P 1,651)
05/30 - 1,231,575 (S & P 1,654)
06/05 - 1,193,895 (S & P 1,609)
06/07 - 1,254,430 (S & P 1,643)
06/10 - 1,257,840 (S & P 1,643) - 2013 valuation high to date
06/12 - 1,197,540 (S & P 1,613)
06/13 - 1,214,855 (S & P 1,627)
Up 27.6 %. Combined portfolio gains
Up 14.3%. S & P 500
05/14 - initiation of the 295K portfolio with the S & P at 1,634
05/15 - 295,950 (S & P 1,659)
05/17 - 294,080 (S & P 1,667)
05/21 - 299,620 (S & P 1,669)
05/23 - 294,580 (S & P 1,651)
05/30 - 300,730 (S & P 1,654), high valuation from inception
06/05 - 290,745 (S & P 1,609)
06/07 - 295,645 (S & P 1,643)
06/12 - 287,750 (S & P 1,613), low valuation from inception
06/14 - 292,495 (S & P 1,627)
Down 0.8%. Portfolio loss to date
Down 0 4%. S & P 500
04/03 - initiation of the 200K portfolio with the S & P at 1,570
04/03 - 199,910 (S & P 1,554)
04/04 - 200,510 (S & P 1,560)
04/09 - 197,945 (S & P 1,569), low valuation from inception
05/30 - 220,690 (S & P 1,654)
05/31 - 213,115 (S & P 1,631)
06/07 - 222,245 (S & P 1,643)
06/10 - 222,315 (S & P 1,643), high valuation for 2013 to date
06/12 - 210,115 (S & P 1,613)
06/14 - 215,195 (S & P 1,627)
Up 07.6%. Portfolio gain to date
Up 03 6%. S & P 500
1) 300 contracts of the JCP Aug. 10-strikes (stock at $17.38)
2) 500 contracts of the JCP Jan. 08-strikes (stock at $17.38)
3) 040 contracts of the KORS Jan. 45-strikes (stock at $60.80)
4) 200 contracts of the JCP Jan. 10-strikes (stock at $17.38)
5) 080 contracts of the AIG Jan. 35-strikes (stock at $45.38)
1) $2,005 profits in four weeks on a $17,550 investment in the JCP May 10-strikes
2) $1,355 profits in six weeks on a $16,600 investment in the KORS Aug. 36-strikes
3) $2,460 profits in five weeks on a $14,605 investment in the JCP July 10-strikes
Just look at the incredible SAFETY in these investments and yet I have been earning at the rate of over 0.75% per WEEK.
My incredible Eureka moment from 22 months ago has turned me into the very best percentage wealth creator in the nation - especially when the low risk is factored in.
01) $4,760 earned on AIG (40 contracts at $23 now; was $142 on 12/31). $920 remains.
02) $3,850 earned on C (50 contracts at $15 now; was $92 on 12/31). $750 remains.
03) $2,720 earned on CSCO (80 contracts at $10 now; was $44 on 12/31). $800 remains.
04) $2,160 LOST on PBR (60 contracts at $144 now; was $108 on 12/31). $8,640 remains.
05) $2,600 earned on PFE (50 contracts at $21 now; was $73 on 12/31). $1,050 remains
06) $2,565 earned on new PFE investment (50 contracts - includes $35 in commissions). $1,050 remains.
07) $7,600 earned on HPQ (100 contracts at $9 now; was $85 on 12/31). $900 remains.
08) $3,570 earned on INTC (70 contracts at $13 now; was $64 on 12/31). $910 remains.
09) 10,300 earned on BBY (100 contracts at $13 now; was $116 on 12/31). $1,300 remains.
10) $3,600 earned on F (150 contracts at $7 now; was $31 on 12/31). $1,050 remains.
11) $2,310 earned on TEVA (30 contracts at $36 now; was $113 on 12/31). $1,080 remains.
12) $1,400 earned on new AAPL investment net of commissions. $3,800 remains.
13) $3,285 earned on new GLW investment net of commissions. $1,050 remains.
14) $2,900 earned on new BIDU investment net of commissions. $3,480 remains.
15) $2,760 earned on new BAC investment net of commissions. $900 remains.
16) $3,380 earned on new JCP investment net of commissions. $2,100 remains.
17) $6,600 earned on JCP (200 contracts at $45; was $78 on 12/31). At least $4,500 remains to Jan. 2014.
18) $325 earned on new QCOM investment net of commissions. At least $3,150 remains to Jan. 2014.
19) $4,535 LOST on new GG investment net of commissions. At least $7,800 remains to Jan. 2014.
20) $5,345 LOST on AGNC investments net of commissions. At least $8,000 remains to Jan. 2014.
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
01/29 - 291,770 - (S & P 1,508)
02/07 - 282,320 - (S & P 1,509)
02/19 - 292,080 - (S & P 1,531)
03/04 - 277,090 - (S & P 1,525)
04/11 - 301,160 - (S & P 1,593)
04/18 - 285,690 - (S & P 1,542)
05/08 - 326,675 - (S & P 1,633), high valuation of 2013 to date
05/31 - 311,635 - (S & P 1,631)
06/05 - 308,035 - (S & P 1,609)
06/07 - 309,515 - (S & P 1,643)
06/12 - 300,305 - (S & P 1,613)
06/13 - 302,615 - (S & P 1,627)
Up 20.9% - 2013 portfolio gains to date
Up 14.3% - 2013 S & P gains to date
AIG 25-strikes for Jan. 2014 (40 contracts with stock at $45.38)
C 23-strikes for Jan. 2014 (50 contracts with stock at $49.22)
CSCO 13-strikes for Jan. 2014 (80 contracts with stock at $24.09). .
PBR 15-strikes for Jan. 2014 (60 contracts with stock at $15.64). .
PFE 20-strikes for Jan. 2014 (100 contracts with stock at $29.09). .
HPQ 10-strikes for Jan. 2014 (100 contracts with stock at $24.74)
INTC 15-strikes for Jan. 2014 (70 contracts with stock at $24.92)
BBY 8-strikes for Jan. 2014 (100 contracts with stock at $26.87)
F 8-strikes for Jan. 2014 (150 contracts with stock at $15.37)
TEVA 30-strikes for Jan. 2014 (30 contracts with stock at $39.08)
AAPL 350-strikes for Jan. 2014 (4 contracts with stock at $430.05)
GLW 8-strikes for Jan. 2014 (150 contracts with stock at $14.92)
BIDU 65-strikes for Jan. 2014 (20 contracts with stock at $98.00)
BAC 7-strikes for Jan. 2014 (150 contracts with stock at $13.07)
JCP 8-strikes for Jan. 2014 (100 contracts with stock at $17.38)
JCP 5-strikes for Jan. 2015 (200 contracts with stock at $17.38)
QCOM 45-strikes for Jan. 2015 (25 contracts with stock at $61.38)
GG 23-strikes for Jan. 2015 (50 contracts with stock at $27.74)
AGNC 20-strikes for Jan. 2015 (50 contracts with stock at $25.52)
At the higher levels, tournament bridge is fiercely competitive and not all that social. Many times, pairs will sit down and simply announce that they are playing weak no-trumps or a forcing club system, etc. Otherwise they simply will say hi or if they know me, "Hi, Alan." Then it's down to bidding and playing the hands and serious concentration. If you are looking for social events, you don't enter bridge tournaments.
Interestingly enough, when I first started playing bridge in 1969, I didn't know how seriously folks took the tournaments. I knew that girls liked bridge and I actually started playing in hopes of meeting my future spouse. I quickly found out that many of the women playing in tournaments seem to have more testosterone than a lot of the men. You don't exactly want to bring these girls home to meet mama. I never did meet anything resembling a suitable spouse but I did fall head over heels in love with the game itself and I went on to become one of the better tournament bridge players in the country.
My name can be found in the biographical section of the 1983 Encyclopedia of Bridge along will all of the all-time greats.
03/25 - transfer in 300,000 from the Pfizer portfolio. BIDU stock is at $84.85, S & P 500 is 1,557
03/25 - 302,740 - ($85.33) RSI 35.0
04/02 - 323,085 - ($88.12) RSI 46.6
04/05 - 293,125 - ($83.59) RSI 34.8, lowest stock close and valuation from inception
04/12 - 337,805 - ($90.62) RSI 56.9
04/22 - 306,925 - ($85.66) RSI 42.2
04/25 - 349,725 - ($92.34) RSI 60.2
04/26 - 305,205 - ($85.02) RSI 44.2, Q1-13 earnings and 2013 outlook disappoint
05/03 - 300,285 - ($84.51) RSI 43.5
05/10 - 368,245 - ($95.45) RSI 65.3
05/14 - 353,645 - ($92.84) RSI 58.4
06/07 - 425,835 - (102.67) RSI 66.5
06/10 - 428,205 - (102.99) RSI 66.9 - highest stock close and valuation from inception
06/12 - 398,480 - ($97,51) RSI 53.4
06/14 - 403,360 - ($98.00) RSI 53.6
Up 34.5%. Portfolio gain to date
Up 15.5%. BIDU stock from inception
Up 04.5%. S & P 500 from inception of investment (1,557 to 1,627)
Note: This is one of the fastest-growing companies its size in the world but with a sharp one-year slowdown in 2013 due to massive R & D expenses this year. The recent earnings history and downwardly-revised consensus expectations for this dominant Chinese search engine are as follows:
$1.53 in 2010 (actual)
$3.02 in 2011 (actual)
$4.79 in 2012 (actual)
$4.97 in 2013 (consensus - 04% expected annual growth)
$6.26 in 2014 (consensus - 26% expected annual growth)
$7.70 in 2015 (consensus - 23% expected annual growth)
The leverage factor for this investment is around 2. Over time, each point higher in the stock will be worth $8,200.
What a joike! Your very comment tells me that you do NOT have at least average intelligence.
Two weeks ago in light of my trip to Switerland, I finally got my iPhone set up to receive voice messages (no early adopter am I). I was told by the Verizon customer service rep that in order to hear the messages, I had to start out by holding down the number 1 key for a few seconds.
Do you think that most folks would somehow just instinctively know that? Why would anyone just think that you had to hold down the #1 key if you wanted to hear messages?
OF COURSE this stuff has to be taught to you if tyou don't want to spend endless hours randomly trying out various things.
Computer programming was a required course for Computer Science majors at UCLA and was offered as an elective for non-computer Business Administration majors. I elected to take the course and I received an A grade. I remember learning about computer languages of the time such as FORTRAN and COBOL.
Back in the mid-1960's, few would have thought that there would be PC's within a dozen years. At the time, computers meant IBM mainframes and accountants had little to do with computers other than to submit entries for inputters to enter.
If you think that is so, why is it that I almost never see a post from you about Pfizer or other stocks. To judge from the messages that I read, this is a put-down board. I'm irtually the only one here who tells folks how to truly earn great returns.
Anyone with the ability to read? Just what is it that I should be reading to let me know how to post the pictures? Virtually none of my friends are into tech and now with my older brother gone, I've lost the one person in the family who knew about these things.
Do keep in mind that I'm a senior citizen and was hardly brought up with tech.
Bought back 40 AGNC Jan. 25-strike naked puts for $430 apiece or $17,230 after commissions. They had been sold on Oct. 9 for $135 each or $5,370 after commissions. The loss on investment amounted to $11,860.
I have on occasion taken similar short-term losses but in the last two years, I have never taken a loss on an underlying stock in the fullness of time after rollouts. And I don't think this will be the exception.
Accordingly, I sold 50 of the 20-strike naked puts for AGNC expiring in Jan. 2015. The options were sold for 4340 each or $16,965 after commissions. If the stock is over $20 in 19 months, I'll still walk away with profits of iover five grand to show for my efforts.
06/10/2013 15:12:46 Sold 26 AGNC Jan 17 2015 20.0 Put @ 3.4 8,824.91
06/10/2013 15:12:46 Sold 24 AGNC Jan 17 2015 20.0 Put @ 3.4 8,139.07
06/10/2013 15:15:07 Bought 10 AGNC Jan 18 2014 25.0 Put @ 4.3 -4,312.74
06/10/2013 15:15:14 Bought 10 AGNC Jan 18 2014 25.0 Put @ 4.3 -4,305.74
06/10/2013 15:15:14 Bought 10 AGNC Jan 18 2014 25.0 Put @ 4.3 -4,305.74
06/10/2013 15:15:14 Bought 10 AGNC Jan 18 2014 25.0 Put @ 4.3 -4,305.74
Do you think for one moment that I would invite my worst enemy to be a part of my investing group if I didn't reaally and truly have the goods? Obviously this board would never stop hearing about it if the results were one iota less than what I say they are. Almost always when you hear of situations like this one, it's a pack of lies but not this time. This particular "too good to be true" discovery really IS true and you are invited to be a part of it. See for yourself in your own private account if I am lying or not. But prepared to be amazed.
I go on FANTASTIC trips - not "fantasy" trips. I did have to cancel a Mediterranean cruise last September when my best friend encountered serious health problems and was hospitalized for ten weeks. He's feeling a lot better now and has lost a lot of weight and consequently we have booked a replacement cruise. It will begin on Jan. 30- and extend 17 nights covering Singapore, Vietnam, Thailand and Hong Kong.
I'll be taking photos from my i-Phone of the trip to Switzerland and if I ever learn how to do it, I'll try posting some of the better ones to this board. You'll then have proof positive that this is no "fantasy" trip,.
I know that you just hate it, johnboy, but I have truly made a world-class discovery that is a game-changer and a life-changer. Anytime that you want in, let me know and it can be arranged for a mere 1% up-front fee. Members of my group usually make that up by means of the 21% commission discount that they get off of Ameritrade's already-low commissions.
1) Earn a million on your own
2) Then inherit another million or so
That's when I commence my two-week tour iof Switzerland.
In late September or early October I'll be going to New England for a fall foliage tour. I have been in 29 states but none in New England.
On January 30, I commence a 17-night cruise of Southeast Asia that begins in Singapore and ends in Hong Kong. I'll be in Vietnam and Thailand as well.
And then in late May comes a two-week cruise on the Rhone River in France. After the cruise is over, I'll once again be visiting Lake Como, Italy and then it's on to Normandy for the 70th anniversary of D-Day.
It's a tough life but somebody has to live it. I'm vastly stepping up my travel as I'm not getting any younger and I'm just rolling in dough. It won't be long now before the prefix MULTI is shown before the word millionaire to describe my financial status. Whoever would have dreamed in early 2009 that within a lustrum I'd become a multi.
It really should have been the word December next to the number 2000 with the day being 18. But since I walked away from that accident without a scratch, i had been wondering for many years about the further accomplishments that I was obviously destined to have. And now I think I know what the Man Upstairs had in mind. I was Chosen to make the incredible investment discovery that I did and to tell the nation about it.
I was a little hasty in saying that I'm about the only one in the land selling large amounts of naked puts. In actual fact, there is another distinct category of investors that routinelyh does this - and they are the OPTIONS MARKET MAKERS.
These people are not only allowed to make markets in the options but they are very much allowed to trade on their own behalf. And boy do they ever do it. While for every option bought there is an option sold, it sure doesn't follow that for every publicly-traded option bought there has to be a [ib;oc p[topm seller. Because there are so few investors selling deep-out-of-the-money puts, it is the OPTIONS MARKET MAKERS that wind up selling the overwhelming majority of these deep-out-of-the-moneys.
Few investors know much about margin requirements and how to calculate them. That even goes for a lot of brokers.
Of course, the best minds on Wall Street - the ones running the big funds - are completely out of this sort of investment as the options market is way too small to accommodate the funds.
Amazing as it may seem, I'm almost the only one in the land to sell large amounts of deep-out-of-the-money naked puts. And that is pretty awesome.
Normally I wouldn't be telling a soul about this other than perhaps potential clients because if too many people know about it, prices will be adversely affected. However, I survived an auto accident a dozen years ago that I had no business walking away from and I feel that there had to have been a reason for that. I feel compelled to give something back and that is the reason why I continue to shout about this from the rooftops.
Those on this board should be earning the kind of other-worldly returns that I am and those not earning such returns can't say that they didn't know of the opportunity. As the saying goes, "you can lead a horse to water but you can't make him drink."