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Non-Tech : Kirk's Market Thoughts
COHR 173.58-0.8%1:18 PM EST

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To: Kirk © who wrote (7195)5/30/2019 11:49:09 PM
From: robert b furman1 Recommendation

Recommended By
isopatch

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I sold some T puts months ago. They were 35's for $5.00. So net purchase price was 30.00.

I had sold 20 and 10 of them got assigned a month early.

T was trading at 31 and change. The next 2 days, it popped up to high 32's.

Feeling lucky on that one.

Bought some Cohu 15's as the 12.50's expired to zero. When you combine the 12.50 premiums and the net price on the 15.00's - it netted my purchase price around $11.70.

I like to sell puts and hope I get assigned on a few, while laddering down in greater contract numbers, hoping the expire and help pay for the assigned stocks.

Since I sold 6,000 last year at 23.00 ish - that felt pretty lucky.

So watching T, as I have some 35's and 32.'s expiring in June. If assigned to me they'll yield over 7 % dividend yield. In total 118,000 yielding 7% plus. I like that a lot.

Watching XOM 70 January 2020 puts and CVX January 2021 100 puts.

I think/hoping next week we'll bottom and get some great buys.

I'm going to the boonies on a fishing trip to Six Mile Lake in Minnesota.

No phone and no internet.

So I have my stink bids placed.

I guess we're both going fishing next week. <smile>

Good Luck

Bob
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