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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (3126)	10/2/2008 9:28:51 AM
From: Gottfried	Read Replies (1) \| Respond to of 5891

Jerome, GE - it still has to prove it can stay above 20. And, the market reaction to the senate passing the bailout baffles me. Better to wait till the house votes. GE could go single digits

To: Jerome who wrote (3126)	10/2/2008 10:02:16 AM
From: Gottfried	Respond to of 5891

after reading Kristof's comparison to Japan I'm pessimistic But, for now, the priority is to get credit flowing again in the arteries of commerce, even if that means saving the jerks. Otherwise, we risk becoming Japan. nytimes.com

To: Jerome who wrote (3126)	10/2/2008 8:51:22 PM
From: Gottfried	Respond to of 5891

Jerome, I'm weary of GE since even Buffetts involvement did not prevent it from falling almost 10% today. Blodget on GE finance.yahoo.com An alternate investment idea >Andy Pick, a 49-year-old stay-at-home father in Atlanta, recently bypassed the stock market for liquid assets -- $120,000 in champagnes. He bought 400 bottles, mostly 1996 vintage, that he says he plans to "sit on" for 10 or 15 years and then sell at a profit. "It sure beats looking at a Merrill Lynch monthly statement," he says, adding, "The worst thing that could happen is that I drink all of it."< online.wsj.com

To: Jerome who wrote (3126)	10/3/2008 9:58:07 PM
From: Gottfried	Read Replies (1) \| Respond to of 5891

Buffett interview today cnbc.com\|headline\|quote\|text\|&par=yahoo the only US stock he owns other than BRK is WFC

To: Jerome who wrote (3126)	10/10/2008 10:24:54 AM
From: Gottfried	Respond to of 5891

Jerome, sold 1 contract GE March $20 put for $4.20 - Please post. GE earnings look ok

To: Jerome who wrote (3126)	10/12/2008 11:15:22 AM
From: Gottfried	Read Replies (1) \| Respond to of 5891

Even Volatility Gets Volatile [free from Barron's] online.barrons.com excerpt Some patient investors increasingly view expensive options as an opportunity to lower the cost of buying quality stocks. Rather than buy all the stock at once, these investors buy half as many shares as they want to own, and sell a corresponding number of puts. Instead of buying 1,000 shares of Apple, five Apple puts are sold, and 500 shares bought. If the stock declines below the put's strike price, the stock must be bought, though the price is reduced by the amount of money received for selling the five puts. This strategy lets investors potentially buy stocks for less.