For Immediate Release
Chicago, IL – 01/30/2012 – Zacks highlights commentary from People and Picks Trader “RobMarketsBlind”.
For more Voice of the People, visit http://at.zacks.com/?id=5851
P&G Gets Spanked
How about picking some easy cash.
Write Puts on PG's April 60 strike, picking up 54.00 per contract.
I love it.
By the way, still batting 100% correct on our public calls here . And the beat goes on.....
................how we do it.. see below
At RTMB one looks for the best opportunities to take advantage of market conditions. Today, a market down day, is one of those days.
One major tool in the arsenal is the methodology of Writing Put Options where the writer receives an immediate premium dollar amount for the option of possibly being assigned to buy the underlying stock at a LOWER price by a certain date.
The best conditions are as follows:
a1. The market has a big down day
a2. The VIX (volatity index) goes UP.
a3. A great dividend paying stock getting spanked by Mr. Market
The above three conditions cause put option premiums to get fat; to go even higher
3. A stock you like (and would not mind owning at a lower price if you were assigned to buy it at the strike price). In my case a dividend stock with a history of survival and longevity; a stock, if it were to go down in bad times will come back up in good times)
4. A Fool (someone has to buy your written Put option and there always is one). By the way iconic trolls make perfect Fools.
5. A Thief (you write the put option and collect the premium immediately)
That's how RTMB (Rob the Markets Blind) operates and RTMB has never had a miss; every trade play has been a winner (see DiviMo and RobMarketsBlind public picks announced in blogs on this site)
The most recent picks by «RobMarketsBlind» are:
A buy rating on Netflix (NasdaqGS:NFLX - News),
a sell rating on Transocean (NYSE:RIG - News) and
a sell rating on Chimera Investment (NYSE:CIM - News).
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958.
Follow us on Twitter: https://twitter.com/zacksresearch
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Contact: Brent Billock
People & Picks Manager
More From Zacks.com