Looking at a dividend favorite over multiple timeframes, I like the area of price to start buying small. I am Long Here
I love this bank, But not at this price. Rate continue to rise at a moderate pace and although inflation has slowed I feel that there should be a pull back to maintain a safe market with consistent liquidity. I see a price manufactured in part by greed. Though WFC is well run and is a very solid stock for the long portfolio. I just thin that buying it here is not...
SI looks like a train wreck that got hit by a pane crash. That said I like the juice in the options. I am buyer here with a neutral outlook until we can get some more price validation. It should be noted that big hands just entered this pie. But their pockets are beeper than mine so I will proceed with caution
Back testing like this always leads to a nasty Move one way or another. I really Like THE 3/17/23 25c TRADING AT 1.15 per contract,. It also has a nice setup for a straight shares purchase. One can even use a Put as a collar. So the trade has a few options. We can go to old faithful and write June 18P for a .75 credit, Or buy 100 shares at current price and Buy a...
I am confident in this stocks long term investment potential. I will be moving in the direction of Cash Secured Puts to keep things as conservative as I can in this market. I will start with June 40P for a bid of 4.20 Or Better. that is an initial credit of 420.00 per 100 shares. Assignment cost would be 40-4.20=35.80 this keeps me in my desired price range as I...
DOUG The roof has popped off. All levels destroyed. Gotta like this for continuation on the long term side. This puppet is off the chain and I will keep using CSP and CC to aggressively wheel DOUG into price submission. Currently holding 3,000 shares at a CB under 4 and have my profit covered on the call side. Will wait for a pullback to add more CSP’s, NOT...