Might as well throw up my spec play and see how it ages. I am going to post my thought process on some of these so I can revisit it later. I try not to make the same mistakes more than 3 or 4 times lol.
SIX- On FEB 14 sold a JUN 21 Strike $52.50 at $3.37 after commission. 6.4% return for about 4 months so 19% annualized. I called it a spec but consider this to be in the moderate risk range, though on the high end of moderate. SIX has dipped at the end of the third quarter for about 8 consecutive years. It is seasonally cyclical, as well as economically cyclical IMO. Point being I think I get another chance to buy this later if the stock runs up soon. Leisure stocks get beat up during recessions as well so I would never consider this a low risk stock or option. The dividend is about 6% so I am definitely good with owning some shares at some point. But I have no illusion this is DISNEY safe to own or trade.
SIX- On FEB 14 sold a JUN 21 Strike $52.50 at $3.37 after commission. 6.4% return for about 4 months so 19% annualized. I called it a spec but consider this to be in the moderate risk range, though on the high end of moderate. SIX has dipped at the end of the third quarter for about 8 consecutive years. It is seasonally cyclical, as well as economically cyclical IMO. Point being I think I get another chance to buy this later if the stock runs up soon. Leisure stocks get beat up during recessions as well so I would never consider this a low risk stock or option. The dividend is about 6% so I am definitely good with owning some shares at some point. But I have no illusion this is DISNEY safe to own or trade.