Bought more RING in my ROTH IRA today...
- Thread starter Cabin111
- Start date
A 50D call that's 8 months out paying 2.70 and a 0.5% dividend? I'm trying to figure out how that makes any sense, when there's a number of bluechips offering much better than that, especially since RING has been circling the drain ever since the 'rona crash.
E.g., I was holding a couple of lots of IBM until recently, and it just paid a $1.63 dividend (5.43% yield.) July 21 50D calls are marking 8.82. Not my favorite stock - in fact, I just got out of it - but a decent example of what's available.
E.g., I was holding a couple of lots of IBM until recently, and it just paid a $1.63 dividend (5.43% yield.) July 21 50D calls are marking 8.82. Not my favorite stock - in fact, I just got out of it - but a decent example of what's available.
I had about $3,500. in the money market account...Earning .01%. I needed something that required 100 share, to do a covered call. I could have went with Wells Fargo or BP. With the government printing money this is a wait and see. More social unrest and RING should do fine...
RING RING RING RING RING RING RING...Banana phone!!
Was thinking about this ETF again...Didn't want to restart a new thread. It now pays a 2.31% dividend. I currently have 200 shares in my Roth IRA...The options expired worthless.
Was just thinking, this is a way to try an play gold with income. Gain the income (dividend). Then wait for gold to rise (when the cows come home)!! But, when gold rises, do a covered call on these share.
It takes a lot of patience with gold/silver. In some ways, I have to hide/block my emotions on these, more than other trades...
Was thinking about this ETF again...Didn't want to restart a new thread. It now pays a 2.31% dividend. I currently have 200 shares in my Roth IRA...The options expired worthless.
Was just thinking, this is a way to try an play gold with income. Gain the income (dividend). Then wait for gold to rise (when the cows come home)!! But, when gold rises, do a covered call on these share.
It takes a lot of patience with gold/silver. In some ways, I have to hide/block my emotions on these, more than other trades...
That was total Overnight bait. You jerk.
Please drop it and use the original song...It's so much better. When I would go to the one minor league game per year, they would play this song for a pitching change!!
