Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (19851)	10/14/2004 3:28:22 PM
From: E_K_S	Read Replies (3) of 78625

Hi Paul I am eyeing more bank stocks too. I added a few more shares of C to my IRA portfolio at $43.49 (sold AWE). They go x-dividend on the 10-29-04 so you get the next dividend of $0.40 too. I am also buying more shares of NYB by selling the January $20 Put. They pay $1.15 to buy shares at $20 in January. My expectations is to have the stock put to me at $20. The stock goes x-dividend in February ($0.25) so you will get the dividend which yields 4.8%. If the stock does not close below $20 in January, then you keep the option premium. I missed picking up more SFL at $19.21 yesterday but plan to buy more if we get another chance at these levels. I have accumulated shares at $18, $20 and $21. It appears that the market may be reacting to an apparent Kerry victory and the rising oil prices do not help either. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next