Hi WEagle,
I follow FA and turnaround stories.
Have a dividend is a must. I do make short term acceptions, but htey must movr up or I'm out quickly.
I'm now 73 and a stock either pays me a dividend for me to wait or I'm not in it.
There are seasonal inputs. I'll note them as I carry a stock and collect the dividend if it exceeds 6% yield.,
If you want a swing stock, the volume and RSI will drive the MOMO shares.
Breeze reads a lot of the MOMO shares, and scores a lot of price target Bingos.
I find a new stock nd buy a few shares 500 - 1000. That gets me watching it daily and I do not worry about being underwater - especially if it is less than the annual dividend9, or 2 x's the divie at the most.
If the dividend reamins solid, I'll watch the swings and sell my high cost shares, with the hope of buying thm lower with a put assignment.
Buy low and bail on the highest cost shares as they swing in a channel.
A sideways moving stock that pays a dividend, is my favorite put to sell. 10 you hope to get assigned and double down on the next one or two strike prices down. These consolidations can lasy literally for years. It's as good as it gets if it just goes sideways. A dividend yield of 6% with time decay on a put that yields 9-12% annualized when the premium divided by the net purchase price of the stock if assignedi. If you can go out 6-9 months every 90 days, over the next year you'll build some fine premium, that helps pay for the higher price put if/when exercised.
These markets and waves breathe in and breathe out. You'll see it on your portfolio over the months of expiration.
We all have our ways, and that is what makes a market.
It us good to try things and learn.
They become "I really lime tihs stock or, I'm not sure about this stock.
Listen to your hunch and follow it out early on a pop if you don't not feel comfortable.
The more you do that, the louder your hunch talks to you.
Learning your comfort ranges is big.
Posting on your holdings finds others who like or dislike your call.
Boby |
