07-19-2019, 10:20 AM
(07-19-2019, 09:51 AM)fenders53 Wrote: It was my largest holding for 20 years. I lightened up when it was in the high 140s. I've sold a lot of puts and covered calls the past year and it has worked out very well. As long as you don't make a long-term bet against JNJ it's been hard to lose. I think fall may be a rough ride though. Attorneys, politicians and the media will keep a lid on the SP for some time IMO.
I will happily add more to my holdings if the yield jumps over 3%