11-02-2018, 12:39 PM
I sold a KHC strike 50 put today. I already own a position in KHC. When KHC runs a few bucks during the month I sell a call, when it dips I sell a put. Both have expired worthless so far. Some of the consumer durable dividends are very enticing but most of the stocks are historically overpriced even after a dip. Only way I know to make income money while they sort it out, and I believe they will eventually. Not a chance I am dabbling in a food stock that doesn't pay an above market dividend at these evaluations. It's a bad bet IMO.