Only bright spot for the day...I picked up WELL for $33.07. About even as I write...9 am Pacific.
Later did a covered call...Jan 21 $50. I got $5.40 for the option. Kept dropping the offer twenty to thirty cents at a time, till someone bit.
One thing I see with Walmart (and McDonalds for that matter), I think within 5 years we will see the use of robot for tons of labor. I could see robots at WMT from closing time till opening restocking shelves, cleaning, etc.
I would put low bids on things like; ADM, DUK, REMX, CVX, XOM, WMT, BP, WFC, ZION, VZ, SLV (option...Covered call), RVT, LOW, BG. You can chew on those for awhile...
You really are right...I saw it hit $173.00 in after hours!! I was even thinking of buying 100 shares and do a covered call on the June 21 $175. Just gain the covered money and dividend (value investor here). That may sound crazy...But maybe not...
Yeah, I heard...Also it looks like 1% will die from it. But it seems like those who are older and who have compromised immune systems are the ones with the biggest concern. Growing up in the 1960's and 70's (US), the life expectancy was 69.77 (men and woman combined, 1960). We have made great...
Almost everything is red today on my board. The one that is up (slightly) is Bridgestone (BRDYC)...I'm going, what's up? No news...But then I look at the fundamentals. Price $15.60 at this time. No options available (Japanese company ADR). PE 8.36 and a dividend at 4.85%...Yeah, it makes sense.
Do it 30-40 times a year. Own my own home...Many people do who are 64. No cable TV, no gym membership. Ride my bicycle to pay bills. Ray Kroc made pennies on his McDonald's hamburgers...How did he do that?? How can Fidelity, Schwab, Robinhood make money with no commission fees??? I have...
Tuesday...Bought 100 shares of Duke Energy (DUK)...Bought at $93.89...Then did a covered call for Jan 21 $100. We got $4.80 ($480.) for that call...Income with a pretty good (boring) stock and a fair dividend. Just me...
Also just bought 100 shares of A T & T (T)...$34.81. Don't know if they will hold their dividend and a ton of employees could be a concern. They also bought Direct TV (a dog). Will try and do a covered call on this one and collect the dividend...If not, a buy and hold. People working from...
Yeah, you make think I'm crazy...Had a lot of money on the sidelines.
Royce Value Trust...Will pick up their dividend because I bought today...Over 8%. A great value investment for a retiree.
Enbridge Inc. A Canadian and US pipeline...Put my price in for about $37.50 on Saturday...It had...
Just letting you know I picked up 200 shares of PPC today. I have a lot of cash (retired, sold a business). Bought at $21.15. I then optioned the Jan 21 $25. for $1.55 X 2...$309.91 cash at Fidelity (covered call/sale to open). Their option fees are higher than most. But good income on the...
Airlines...This is how bad it is...Still winter time!!
Aloha to cheaper airfare. Those looking to travel to Hawaii on a budget can now snag round-trip tickets for under $200 — but will have to act fast.
Alaska Airlines, Southwest Airlines, and United Airlines are having a sale on tickets from...
If you trust Yahoo! Finance...https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=2ahUKEwiK2c3d_P_nAhUPCKwKHY_7DqwQ0PADMAB6BAgBEAU&url=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Fwarren-buffett-adds-delta-investment-201100301.html&usg=AOvVaw2PE0iJ4j3-ehID-90RnUdT
Pilgrim's Pride...Yeah boring I know. I've made decent money over the years on this one...Buy, then do a covered call. Have it get called away...Then buy some more on the dips. Three scary things about this company...Plants in Mexico and Puerto Rico and the Coronavirus. People are cutting...