11-12-2018, 11:08 AM
Diversification matters. Utility companies all across the nation in this case. This week might be the best time ever to buy EIX, but if you bought last month it could sour you on the sector forever. Good investors keep emotion 100% out of their decisions, but I am human.
Back on topic. Finished out my position in APPL today. Which in this case means one round lot so I can sell a call someday if it runs up too fast. I can only hope that happens. APPL should be repurchasing shares any minute now if they are out of the blackout period. Wonder how long it will be before the same analysts are pounding the table with buy-buy-buy!
Sold a DEC 21st 57.50 put on MO today during the dip at the open due to "menthol" drama. Previously sold calls and puts expire worthless again this Friday. The weekly mini price swings have been easy money. I am long MO also.
Back on topic. Finished out my position in APPL today. Which in this case means one round lot so I can sell a call someday if it runs up too fast. I can only hope that happens. APPL should be repurchasing shares any minute now if they are out of the blackout period. Wonder how long it will be before the same analysts are pounding the table with buy-buy-buy!
Sold a DEC 21st 57.50 put on MO today during the dip at the open due to "menthol" drama. Previously sold calls and puts expire worthless again this Friday. The weekly mini price swings have been easy money. I am long MO also.