Here is the link to the story discussing the lawsuit: http://news.yahoo.com/video/us-15749625/fountain-lady-nobody-went-to-my-aid-23909987
Thursday, January 20, 2011
Case or no case? "I fell....I fell in da fountain"
Perhaps you have seen this on the web recently. A woman was walking and texting at the mall and tripped and fell into a fountain. She is now considering sueing! Sound like she should sue herself....and perhaps gravity...and that jerk Isaac Newton.
Apple will rule the world
Is apple a great company? Yes! Should you rush out and buy their stock at $340/share? Probably not!
Here's a better way to play it that can lower you entry, let you use less capital, and still profit whether apple goes up or down!
Most analyst are projecting apple to go up to $400/share. I personally don't have enough money laying around to buy enough apple shares to make it mean anything. So another way to participate in this rally is to sell some apple puts.
Currently, the Jan 12 $250 apple put is selling for around $10, or $1,000 per contract.
You can sell it today and collect $1,000 and still participate in any upside movement. If somehow Apple is below $250 on jan 2012, then you will be forced to buy 100 apple for $25,000. However, you can close this trade early, or roll the option out to a later date. The best part is that you can use the $1,000 to buy something else!
Here's a better way to play it that can lower you entry, let you use less capital, and still profit whether apple goes up or down!
Most analyst are projecting apple to go up to $400/share. I personally don't have enough money laying around to buy enough apple shares to make it mean anything. So another way to participate in this rally is to sell some apple puts.
Currently, the Jan 12 $250 apple put is selling for around $10, or $1,000 per contract.
You can sell it today and collect $1,000 and still participate in any upside movement. If somehow Apple is below $250 on jan 2012, then you will be forced to buy 100 apple for $25,000. However, you can close this trade early, or roll the option out to a later date. The best part is that you can use the $1,000 to buy something else!
Hewlett Packard
I really like Hewlett Packard. It's one of the worlds largest consumer electronics company and makes some great products. Currently, its selling for 46.13 and has some pretty good option premium. The 1 yr taget price is 54.74 and the stock has a fwd P/E ratio of 8.13. They are also releasing some new tablets and smartphones this year based on their new operating system purchased from Palm. I'd maybe wait for it to pull back a little, but heres how you can enter it today.
Buy 100 HPQ @ 46.13: ($4,613)
Sell 1 Jan HPQ 50 Call @ 310: $310
Sell 1 Jan HPQ 45 put @ 435: $425
-------------------------------------------------
Total cash outlay: 3,878
Break-even: $41.89
Return if >$50 on Jan 12: 1,122+div/3,878 = ~29% on a stock that needs to go up by 8.3% over 11.5 mos
Buy 100 HPQ @ 46.13: ($4,613)
Sell 1 Jan HPQ 50 Call @ 310: $310
Sell 1 Jan HPQ 45 put @ 435: $425
-------------------------------------------------
Total cash outlay: 3,878
Break-even: $41.89
Return if >$50 on Jan 12: 1,122+div/3,878 = ~29% on a stock that needs to go up by 8.3% over 11.5 mos
Wednesday, January 19, 2011
LOLAmerica
Apparently the best way to get rich in America is to find funny pictures of cats and put humorous captions in them! Check out this article in the WSJ.
I personally like dogs over cats, so heres a picture of a dog who just found out he's not the father!
I personally like dogs over cats, so heres a picture of a dog who just found out he's not the father!
 |
| "I told y'all it wasn't mine!" |
Long Ford
The chinaman is buying up cars like its going out of style. They have begun to auction off licence plates via lottery to limit the amount of congestion and emissions. While this limits sales, they are still auctioning off 20 million of them. Why not buy some Ford to take advantage of this!
Perhaps finance it with the sale of some AAPL put options!
sell 1 apple Jan 12 255 put for $10.60
buy 5 F jan 12 25 calls for .70 and 5 Jan 13 25 calls for 1.82
Perhaps finance it with the sale of some AAPL put options!
sell 1 apple Jan 12 255 put for $10.60
buy 5 F jan 12 25 calls for .70 and 5 Jan 13 25 calls for 1.82
Go Apple go!
Looking to buy some Vertical Call Spreads this week or next. Looking at $10 wide strikes and trying to get in for a net debit of $5 in order to realize profits of 100% or greater. 355/365 strike is around $4.50 this am.