9.8 C
New York
Friday, April 26, 2024
HomeNews
News

Comment by phil

By Single Comment
0
6
psw-placeholder
psw-placeholder

View Single Comment

  1. phil
    April 22nd, 2014 at 10:55 am

    AAPL/RMS – I don't think it's worth the risk.  If earnings are good, you can always add another layer of longs that pay 2:1 and, if not, then your money will go a lot farther re-positioning what you have now.   

    CLF/Rookie – There's one we need to put in the Income Portfolio!  Our LTP position is right about where it started:  We can still sell the 2016 $18 puts for $4.75 and we can buy the 2016 $15/25 bull call spread for $3.35 and that's still a net $1.40 credit so 10 of those in the Income Portfolio and we collect $1,400 while we wait to see if we're assigned CLF at net $16.60.

    Thanks Albo.  

    SLW/STPGriffin – We bought back the short $25 calls on Thursday, even cheaper to buy back now.  

    And what Akad said!  

    Gold $1,281 and silver $19.35 now, just bounced off $19.30.  Long-term inflation picture leaves me with no doubts on either of those. 

    Oil testing $102 again, good short at that line on /CL if it fails (tight stops). 



Stay Connected

157,319FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

Load more

Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Contact us: support@philstockworld.com

© Copyright - PSW, LLC.

2024