As we approach the end of the August option expiration cycle, the Get Rich Monthly Income Plan had a great month for investors. In January, we kicked off the perpetual covered call strategy. For those who are new to this concept, let me share the rationale of this income investment. This strategy was created to …
American Tower Corporation (AMT) is a holding company. It is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites. Its primary business includes leasing antenna space on multi-tenant communications sites to wireless service providers and radio and television broadcast companies. This business is its rental and management operations. The Company also …
This is a covered call trade for monthly income on Kohl’s Corp (KSS) using stock and call option with optional protective put. Covered Call Strategy: Look at the November 2011 50 covered call. For each 100 shares of Kohl’s (KSS) stock you buy, sell one November 2011 50 covered call option for a $47.37 (50.17 …
Covered Call Trade Recommendation on Kohl’s Corp (KSS) Read More »
S&P reiterates Strong Buy opinion on shares of Apple (AAPL) . AAPL announces the passing of Steve Jobs, its visionary and legendary co-founder and former CEO and Chairman. In August, he stepped down as CEO, concluding he could not sufficiently meet the rigors of the role, due to unfortunate health issues. One could argue that Jobs …
S&P Reiterates Strong Buy Opinion on Apple (AAPL) Read More »
Rating agencies — S&P, Moody’s and Fitch — analyze risk and give debt a “grade” that reflects the borrower’s ability to pay the underlying loans. The safest bets are stamped AAA. That’s where U.S. debt has stood for years. Moody’s first assigned the United States a AAA rating in 1917. The country’s new S&P rating …
As we get close to July expiration, we are looking for covered call trades with August expiration. We just got a terrible jobs report so the market will continue to be choppy. The U.S. economy added a paltry 18,000 jobs in June, and the unemployment rate climbed to 9.2 percent from 9.1 percent as laid …
Last week the major equity indexes looked oversold and the chances looked good for a short-term rally. Surprisingly the only rally attempt came last Thursday and it was feeble at best. Most indicators are now even more oversold so chances are greater for an oversold bounce this week but still uncertainity in the month. With …
Below is the covered call trades for the June 2011 call options. You purchase 100 shares of stock and sell 1 call for the covered call trade. You can sell the at-the-money call (ATM) or you can sell one strike price below market price for a more conservative covered call. The table provides the prices and …
