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Strategies & Market Trends : Option Strategies

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To: FIFO_kid2 who wrote (2491)4/18/2023 10:31:38 PM
From: robert b furman  Read Replies (1) of 2591
 
Hi Fifo,

First off, KMI is a C corp.

You are light years ahead of me on short term trading.

I'm slow and go out far in time. If assigned my net purchase price gives me a good yield on net cost.

Much more than a sharp trader, I rely on time decay.

In a general market sell off, I have the cash to buy at levels I sort of dream about buying.

If assigned and the dividend continues, I buy more at a discount and love the building revenue stream.

The one boogie man I have is s a reduction in a dividend and/or suspension.

If that happens I sell and take my lumps and view the bigger picture as very fortunate recipient of a long term run.

It takes the fear out of trading for me.

I'll have to review your picks, they are fast and opportunistic.

You sly dog, taking advantage of fear in the church of here and now. <smile>

A new approach for my scardy dog trading ways.

Thanks for the update!

Between your nimble trading, my slow reliance on time decay and Sm1th's usual good trades, more should find some value on this thread.

Thank you for sharing your ideas/trades here!

By the way I suspect you poor trader can find a way of utilizing that trashy cash you got to keep. LMAO

Coulda , woulda, shoulda, never did a darn thing, and you made some money. That deserves a "NICE TRADING!" amigo.

Bob
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