11-16-2013, 10:50 AM
(11-14-2013, 10:45 AM)hendi_alex Wrote: Decided to play this a.m., just couldn't resist the excitement of the wild price swing.
Alex -- I for one do not mind at all hearing about your short-term plays. Not only are they interesting anyway, but short-term and long term are not completely unrelated.
I've said before that core dividend growth investing is ultimately pretty boring -- though satisfying and lucrative.
I scratch my need for action by playing with completely speculative options (as opposed to using calls and puts as part of my DG strategy), though I only risk a few hundred dollars at a time here and there.
I also could not resist the CSCO action, and bought the CSCO Feb 2014 $20 call for $1.70. Sitting at $2.00 now -- and I'm hoping for much higher in short order!