VBIN is scaring me so I sold my ARCC and RQI. I am out of high yield funds for now. Up about 60% on shares I purchased in MAR-APR which was most of them. These funds were absolutely hammered in the March pullback. Risk-reward just isn't there with them bumping up against price targets already. I can get the same income selling puts on something blue chip and boring. They won't pullback 50% in a couple weeks.
At the close I sold a LOW put near the money as I would like to own the shares. PE is about 20% lower than HD and that's a bit much IMO. I have a lot of options that just expired. Hoping for some deals next week.
At the close I sold a LOW put near the money as I would like to own the shares. PE is about 20% lower than HD and that's a bit much IMO. I have a lot of options that just expired. Hoping for some deals next week.