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Technology Stocks : Azenta -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (971)1/21/2016 1:31:23 PM
From: robert b furman  Read Replies (1) | Respond to of 1138
 
I've been building a position over several years now.

Love their balance sheet and they are smart enough to get out of semi equipment cycle with the life scinences - which I think is brilliant.

Hard to get leaps - don't think there are any - like now - the furthest out is July.

This month I bought 6000 shares of Brks from brks puts I had sold back in July - my net price was 9.35.
I've been 50 cents underwater - but I can handle that.lol

When brks dipped below 9.00 I sold Jul 10 puts. first sale was early at 1.00 then 1.35 and 1.45 with an average of 1.15 for 45 contracts.net price 8.85 with a dividend of 40 cents and that yields 4.5% on a growth stock that may well be a double next year o or better later.

I've been converting an over size position of Cohu into Brks and picking up some much better dividend income.

How long have you had Brks?

Bob