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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: chris714 who wrote (30956)	3/28/2019 6:27:56 PM
From: robert b furman	1 Recommendation Recommended By Graustus Read Replies (2) \| Respond to of 34328

Hi Chris, I like the trade too. Credit to Jimiji for telling me about the stock. It is bound to go much higher IMO. Just so I have full disclosure - I bot to close that trade at 82 cents. I had sold the puts at 90 cents and am hoping for a Cwave dip in here very soon. The spread on the bid ask is pretty high and I split the difference on the buy to close trade. I like to see how a put trades when I first try it out. Here the bid ask would have settled at 82.5 if it was an even split and of course that trade of an uneven penny would never execute. So I put the buy in to Buy to close and it triggered immediately on the light side of the half penny. I was kind of surprised. Bottom line I like how the puts trade. On the initial sell I split the bid / ask and it traded right away also. I'm hopeful of catching a dip in natural gas and/or oil before the peak driving season hits and getting in on a sell of closer to $1.00. If I can, then I'll just hold the short till it expires. I have a rule of not buying stocks that do not pay a dividend - this one violated that rule - so I'm a bit like a cat on a hot tin roof. That being said, If I can get $1.00 of premium on a $7.50 stock - I'll call it a dividend. Its just semantics - it's really money that I'm looking for. Here's my chart. Note the very high MO with Macd that looks like it can run. I guess it's all about the price of gas, which is getting slapped down with warm weather and getting boosted with more exports. screencast.com That combination makes me think being nimble with a profit can allow multiple trades/scalps over an 8 month time period. I'd love to own AR at a net purchase price of 6.50. Thanks for the kind words, and I wanted to be totally disclosed to you on the trade. Bob