tag:blogger.com,1999:blog-28360876.post4441771934061767397..comments2023-10-26T11:34:14.369-04:00Comments on MFI Diary: Busy Earnings DayMarsh_Gerdahttp://www.blogger.com/profile/01375422931807610092noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-28360876.post-48500659152481726742014-10-25T16:23:59.951-04:002014-10-25T16:23:59.951-04:00John - I have not considered that. I did think ab...John - I have not considered that. I did think about selling some calls on SNDK and actually did with ATVI.Marsh_Gerdahttps://www.blogger.com/profile/01375422931807610092noreply@blogger.comtag:blogger.com,1999:blog-28360876.post-84092254190128943492014-10-25T15:08:04.530-04:002014-10-25T15:08:04.530-04:00Marsh,
Have you thought about writing out of the ...Marsh,<br /><br />Have you thought about writing out of the money puts on MFI. I did a lot of this in the 1990's when the blue chips were doing well.<br /><br />Right now you own five of the 10 MFI that have 2.6% dividends. So you would write the Dec 20th 2014 on the ones that you don't own and use Mr. Random to select if there is more than 5 stocks. Or you could include stocks with 1.8% to 2.5% dividends if there were not five on the list.<br /><br />Normally the market moves up over 80% of the time so you just collect the premium. Over time it can pick up 3 to 4 percent. The income would help with the stinkers that can go off 30%.Anonymoushttps://www.blogger.com/profile/09978720984878572417noreply@blogger.com