SI
SI
discoversearch

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.
Technology Stocks : Semi Equipment Analysis
SOXX 316.33+1.3%Dec 10 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Gottfried
To: Gottfried who wrote (78681)1/24/2018 11:35:16 AM
From: robert b furman1 Recommendation   of 95561
 
At some time it will be an excellent target to sell puts on.

Deeper into the money and long term.

Lever out your equities margin value and take a free 5-7.5 percent on an annualized basis.

It will just drop some cash into your account and tie up some margin capability that wouldn't be utilized either way.

Thinking 5's,8's and 10.00's.

Anytime those Jan 18th 2019 puts approach 50 to75 cents sell the put.

Assuming the dividend remains at 50 cent - if the 10's are put to you - the yield would be 5.26%.

Stagger it in waves - if the 10'S get put to you the 5's and 8's will give you cash and really do a NICE JOB OF NETTING OUT A LOWER COST ON THE TOTAL MOVE AND BUMP THE EFFECTIVE YIELD ON THE MONEY YOU DEPLOYED.

STILL TIME TO WATCH AND LOOK FOR SIDEWAYS ACTION WITH A SUPPORT LEVEL BEING ESTABLISHED.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext