Monday, September 17, 2012


Just as I was about to take a rare loss in VALE SA - the stock I recommended in a talk to the SF Options Group last Spring - industrial commodities and Vale did a turnaround after a 50% drop. I considered letting my Sept. 20 call expire 0, then noticed it is giving an October dividend, so I rolled out to Dec. to capture it, plus nice premium. Results YTBD.

Since I am going out of town before expiry this weekend, I also rolled out my KKR, took a DITM flyer on PGH (monthly dividends), PWE, and a low yielding DIA...

No comments:

Post a Comment