The Dean Foods trade I wrote about earlier this year is beginning to pay off. The .50 spread is now trading for 2.40 or about 480% higher. This spread can be closed now or the puts can be bought back to let the calls ride. Hopefully we have seen the bottom in DF and it continues higher!
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
Tuesday, May 10, 2011
Monday, May 9, 2011
The Queen wants an iPad
http://www.huffingtonpost.com/2011/05/09/queen-elizabeth-ipad_n_859408.html
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
Sunday, May 1, 2011
Everyone should read these posts
Investing for income part 1
Investing for income part 2
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
Investing for income part 2
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
The hiatus is over
Sorry for the break. Been busy starting a new job. In that time, I read this interesting article on how far off deficit projections have been and the major source of the deficit.
Also, I've decided to start selling Apple puts monthly in the benjanomics portfolio. I recently sold a May $330 put for $1,100 right before earnings and are now worth around $170. I'm going to buy it back and look to sell a June put soon, either the $350 or below on any pull back. If the stock ends up being "put" to us, I intend to sell calls to continually lower our basis. With the white iPhone coming out and selling out in China on day 1, continued iPad 2 stockouts, and a future iPhone and iOS operating system due sometime this year, it's only a matter of time until Apple is at $400+.
Oh, and I just ordered an iPhone 4 today!
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
Also, I've decided to start selling Apple puts monthly in the benjanomics portfolio. I recently sold a May $330 put for $1,100 right before earnings and are now worth around $170. I'm going to buy it back and look to sell a June put soon, either the $350 or below on any pull back. If the stock ends up being "put" to us, I intend to sell calls to continually lower our basis. With the white iPhone coming out and selling out in China on day 1, continued iPad 2 stockouts, and a future iPhone and iOS operating system due sometime this year, it's only a matter of time until Apple is at $400+.
Oh, and I just ordered an iPhone 4 today!
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
Tuesday, April 12, 2011
Time to rake the muck
Here are some links I thought were worth sharing:
- If you thought the Real Housewives of Beverly Hills were bad, check out the The Real Housewives of Wall Street.
- So oil isn't at $110 per barrel because of Chinese demand?
- Paul Ryan's "Path to Prosperity" is paved with unrealistic assumptions
- The fed only plans on monetizing $97 billion in bonds through May
- Trading currencies isn't for the average investor? Well color me stupid.
- This guy predicted the last crash. See what he's predicting next.
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
- If you thought the Real Housewives of Beverly Hills were bad, check out the The Real Housewives of Wall Street.
- So oil isn't at $110 per barrel because of Chinese demand?
- Paul Ryan's "Path to Prosperity" is paved with unrealistic assumptions
- The fed only plans on monetizing $97 billion in bonds through May
- Trading currencies isn't for the average investor? Well color me stupid.
- This guy predicted the last crash. See what he's predicting next.
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
Monday, April 11, 2011
How do you say "vegetarian" in mandarin?
China recently learned how delicious bacon really is and in turn demand for meat has doubled in the past 2 decades. This bodes well for farm equipment manufacturers like Deere (DE). I think this also is good for Monsanto (MON) as this increased demand will almost certainly increase demand for their genetically modified seeds.
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.