Covered Call Recommendation on Berkshire Hathaway B (BRK.B) trading at $72.09 Strategy: Look to sell one October 2011 72.5 call for wach 100 shares of Berkshire Hathaway (BRK.B). The net debit will be $69.89 (72.09-2.20) for an assigned return of 3.73% in 24 days or 56.8% annualized. Research Notes: This is the first time Berkshire …
Covered Call Recommendation on Berkshire Hathaway B Shares Read More »
INT is currently trading at $37.85, up $2.30 today; rated 5 stars by S&P. STRATEGY: For a long-term trade income investment, look at the November 35 covered call. For each 100 shares of World Fuel Services (INT) stock you buy, sell one November 35 covered call option for a 32.85 (37.85 – 5.00) debit or …
Business Development Companies (BDCs) allow public shareholders access to portfolios that resemble private-equity funds. However, BDCs are not for the faint of heart. Most offer liquidity, income, upside potential, professional management and the opportunity to invest in some attractive areas. But there are significant risks includinghigh fees, leverage, conflictsof interest and risky underlying investments, to name a …
New Listing of Business Development Companies (BDC) for Monthly Income Read More »
Below is the updated portfolio value from today for the August positions. All of the positions are working and looking good so far with maybe PCS being on the fence. We are up $1,970.50 since these positions were entered. This about 33% of the $6,190 total premiums we sold in July. Our portfolio value is …
STRATEGY: Look at the December 22 covered call. For each 100 shares of United Rentals (URI) stock you buy, sell one December 22 covered call option for a 20.46 (24.81 – 4.35) debit or better. That’s potentially a 7.5% assigned return. The technicals for URI are bearish with a weak downward trend. The stock is under accumulation with support …
There are 10 new stocks added to weekly options: EFA, FXI, SDS, TLT, EBAY, HAL, KO, ORCL, PBR, and SINA. LIST OF AVAILABLE WEEKLYS OPTIONS (last updated July 13, 2011) – official NOM adding 10 new weekly classes (see highlighted entries below) Ticker Symbol Name Product Type List Date Expire Date OEX …
As a reader of this blog, you know we focus on generating monthly income from investing. A favorite and safe way to accomplish this goal is through writing calls on stocks. Done correctly, you can achieve yirlds in the double digits without the worry of a dividend cut or significant price decline. When you hear …
Fitch Ratings’ outlook for U.S. business development companies (BDCs) is Stable for 2011, as recent capital raises and leverage reductions have provided ample investment capital to deploy and improved overall operating flexibility. Fitch expects portfolio originations to outpace repayments for the full year, should risk-adjusted returns remain attractive in the market, which should support growth …
Outlook for Business Development Companies (BDCs) is Stable for 2011 Read More »
Today we started actual trading in the Monthly Income Portfolio through Thinkorswim trading. The trading is in real time with actual market prices and commissions. The rules are as following for this trading portfolio: Enter positions by selling puts to collect the option premium. We will not sell a put unless we have the capital …
Prospect Capital Corporation (PSEC) is a financial services company that lends to and invests in middle market privately-held companies. The Company is a closed-end investment company. The Company invests primarily in senior and subordinated debt and equity of companies in need of capital for acquisitions, divestitures, growth, development, project financing and recapitalization. The Company’s investment …
