What Did You Buy Today?

[fenders53]

(07-19-2021, 12:58 PM)rayray Wrote:

(07-19-2021, 12:50 PM)vbin Wrote: J&J considering ch11?

https://www.reuters.com/business/healthc...021-07-18/


kind of--but not exactly

(07-21-2021, 03:58 PM)kblake Wrote:

(07-21-2021, 02:17 PM)fenders53 Wrote: I tried to dig in on JEPI but the top five holdings are vague and the next five have low dividends.  What is the fund leveraging to get the very high yield?

Don't base it off the top 5 holdings because it holds funds and ETFS. Within their top 10 you have ACN, COST, INTU, ABBV, MSFT, LLY, PEP, TGT, UPS and PPG


But look at all their holdings and you will get a good idea of all the great companies this ETF holds. 

They also hold NEE, MA, DE, JNJ, BMY, HON, KMB, LOW in top 25. I think it's about 95 holdings in all. 

UNH, HSY, V, PG, MDLZ and XEL as well just to name a few

Good stocks for sure but nothing you listed pays half the advertised fund yield.  They are leveraging something pretty hard.  There is no easy 8% yield or we'd all sign up and shut off the stock market.  The other choice is they are distributing capital back.

[crimsonghost747]

From ETFDB:
"The JPMorgan Equity Premium Income ETF (JEPI) is an actively managed fund that generates income by selling options on U.S. large cap stocks. The fund invests in S&P 500 stocks that exhibit low-volatility and value characteristics, and sells options on those stocks to generate additional income."

So this is basically a play on the fund manager being able to predict the market movements and options are heavily used to enhance the yield. Which explains the high yield and the severely fluctuating dividend. Basically the dividend is almost fully dependent on the fund manager timing his options right.

[kblake]

(07-21-2021, 11:44 PM)crimsonghost747 Wrote: From ETFDB:
"The JPMorgan Equity Premium Income ETF (JEPI) is an actively managed fund that generates income by selling options on U.S. large cap stocks. The fund invests in S&P 500 stocks that exhibit low-volatility and value characteristics, and sells options on those stocks to generate additional income."

So this is basically a play on the fund manager being able to predict the market movements and options are heavily used to enhance the yield. Which explains the high yield and the severely fluctuating dividend. Basically the dividend is almost fully dependent on the fund manager timing his options right.

That is correct. They do covered calls within the ETF. This is a nice income fund if you wants stocks and options. Good way to play the market without getting hurt.

I forgot I added to PBA yesterday. This one pays out monthly as well.

TXN on my watch list today.

[fenders53]

It is very similar to the portion of my port I do conservative options with. In theory it should be less volatile than SPY with better income most of the time. I'll definitely put it on my watch list.

[kblake]

Reshuffled a bit with my holdings

Sold out of ADP, ROST, NKE, and LULU

Added XOM, SRE, CCI, BIPC, D and MED

[ChadR]

Added to DFS and AVAL.

[rayray]

(07-21-2021, 02:17 PM)fenders53 Wrote: I tried to dig in on JEPI but the top five holdings are vague and the next five have low dividends.  What is the fund leveraging to get the very high yield?

https://am.jpmorgan.com/JPMorgan/TADF/46...e=JPMorgan

[fenders53]

Sold a lot of NEE on the brief opening uptick. Up big and not willing to give it all back. I rarely trade the oprening 30 minutes or headlines but that revenue number looked bad against the PE. Time to update my research.

[kblake]

(07-23-2021, 08:39 AM)fenders53 Wrote: Sold a lot of NEE on the brief opening uptick.  Up big and not willing to give it all back.  I rarely trade the oprening 30 minutes or headlines but that revenue number looked bad against the PE. Time to update my research.

I did the same. Yield is only 2% and that's not good enough for me. I understood it was because of the split, but the stock is expensive regardless.

I also sold my MO stake and put it into OKE.

[fenders53]

(05-11-2021, 09:12 AM)divmenow Wrote:

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote: Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(07-23-2021, 09:53 AM)kblake Wrote:

(07-23-2021, 08:39 AM)fenders53 Wrote: Sold a lot of NEE on the brief opening uptick.  Up big and not willing to give it all back.  I rarely trade the oprening 30 minutes or headlines but that revenue number looked bad against the PE. Time to update my research.

I did the same. Yield is only 2% and that's not good enough for me. I understood it was because of the split, but the stock is expensive regardless.

I also sold my MO stake and put it into OKE.

As you may know I research the hell out of UTEs.  I'll listen to 6 hours of UTE conferences calls the next few weeks and adjust.  Hold your NEE shares ten more years and you will be just fine but they are absolutely not justifying their current valuation and they haven't for almost a year.  UTEs can't control the quarterly weather or swings in the economy.  Missing revenues by 50 million just has to be accepted.  It's looks much worse than that for NEE this quarter.  Nearly a billion dollar miss off estimates is a big deal for any UTE.  The analysts just lost their credibility for now.  They usually get it close to right for most UTE predictions.  I'll listen to the NEE call tonight.  Stock is not going to run away from me today.  Its a small miracle it isn't trading at $65 off that headline.  

It's Friday so dancing with option I sold.  Commodities roughing me up again.  Doesn't matter much what the commodity is.

[vbin]

I had started selling NEE a week back, sold all today.

[fenders53]

(05-11-2021, 09:12 AM)divmenow Wrote:

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote: Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(07-23-2021, 11:22 AM)vbin Wrote: I had started selling NEE a week back, sold all today.

I owned a ton and sold some at the highs as well, and the rest today.  It's still high which surprises me.  It's in the top five of so many institutional funds.  They will either defend it or quietly head for the exit over the next few weeks.