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Conservative option strategies, what did you buy or sell today?
#4
Might as well throw up my spec play and see how it ages. Smile 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.
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Messages In This Thread
RE: Conservative option strategies, what did you buy or sell today? - by fenders53 - 02-19-2019, 09:25 AM
T puts ? - by john - 03-17-2020, 09:33 AM
RE: T puts ? - by fenders53 - 03-17-2020, 10:32 AM
RE: WEN options update - by john - 03-23-2020, 09:53 AM
RE: WEN options update - by fenders53 - 03-23-2020, 10:40 AM



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