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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (6252)	10/10/2018 1:25:04 PM
From: robert b furman	1 Recommendation Recommended By 3bar Respond to of 26789

Hi Kirk, Splash a little water on it if it gets to smoking. I sold my CY position on the last earnings report when it popped into the 18's for a short period. Today sold a January 2020 put for $2.05. That's out there 15 months so it gets capital gains treatment. $2.05 / $10.95 = 18.72% premium to net purchase price 18.72 / 1.25 = 14.98% annualized. I previously have an average cost of 11.37 - so while getting 14.98 % on my money - I'll average down if I get the stock assigned. If assigned I'll get a dividend yield just over 4% on an American chip maker that focuses on auto's, USB.c cables and Iof t chips (all fast good growth sectors). Semi's have surely been slapped back from recent ATH's. CY peaked on 3/27 at 18.87 : stockcharts.com Bob