Monday, February 25, 2013
As reported in my last blog, Sentiment is flagging Caution, so for the first time in awhile, I'm not reinvesting, although I keep looking for DITM candidates from SeekingAlpha.com and Barron's. Over the weekend my 100 shares of Six Flags (SIX) got "waved" away: Bought/Wrote on November 1of last year, the four months netted a 15.68% annualized gain. Bought SIX at $56.55 ($5664 incl. comm.), sold the Mar.55 for $379 - called away at $5491 ($9 comm.).
I still have laddered positions out mostly to June (plus 1 July - VNR). So far in 2013 - no losses (knock wood).
Posted by DITMcalls at 9:37 AM