Thursday, February 16, 2012

If con is the opposite of pro, is Congress the opposite of Progress?

Here is the latest update: Conoco Phillips "called" away , for a nice 12.33% annualized gain over a 4 month period.
Bot 200 COP last October at $68: $13670; sold 2 62 1/2 calls for $1608, plus 1 quarterly dividend,($132); and called away at $12491 - Net $562 over 4 months.
Nice trade, right about my average return.
Some upcoming candidates with Ex-D in Feb.: MAT,LO,WM,TAL - and NVS for the Annual dividend!

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